Jacksonville

Carlyle Group Buys Lender-Owned Independent Living Community for $19M

The Carlyle Group has purchased the lender-owned independent living community Brighton Bay for $19 million. The sales price represents $102,703 per unit or $85 per square foot.

Bell Partners Adds $38.6M Apartment Community to Its Portfolio

Bell Partners Inc. has purchased Villas of St. Johns Apartments for a reported amount of $38.6 million. The company, which acquired the property on behalf of its investors, will be renaming the property Bell Riverside.

Royston Group Lists Best Buy-Anchored Net Lease Property

The Royston Group has listed for sale a 45,687-square-foot single-tenant net lease retail box leased to electronics juggernaut Best Buy.

Morgan Group Starts Project in Jacksonville’s Revived Construction Market

The Morgan Group has started construction on a 240-unit Class A apartment community called The Terrace at Town Center.