Blue Rock Premier Properties Buys 2 Apt. Complexes for $48M
Blue Rock Premier Properties recently purchased 2 apartment buildings in Jacksonville’s Southside for $48M. Both apartment communities will be re-branded and renovated. The assets included the 284 unit Landmark at Hampshire Place and 248 unit Landmark at Sage Commons. The company made another large portfolio purchase back in October of 2015, when they bought a 1,040 unit portfolio for $64.8M. The founder was quoted saying “The Jacksonville market will continue to be a major focus for us in 2016 and beyond, as well as Tampa, Orlando and Fort Myers”.
Posted on February 19, 2016, in JAX Business Journal, Multifamily, Transactions, Uncategorized and tagged Blue Rock Premier Partners, Landmark at Hampshire Place, Landmark at Sage Commons, \. Bookmark the permalink. Leave a comment.