Jacksonville Community Changes Hands for $22M
Interwest Capital Group has acquired Deerfield Apartments, a 256-unit multifamily property in Jacksonville, Fla. KCB Management sold the asset for $22.3 million. According to Yardi Matrix data, the sale was subject to a 10-year, $17.2 million Fannie Mae loan originated by Berkadia.
Interwest Acquires Vegas Property for $21M
WGH Partners has sold The Lennox, a 100-unit luxury community in Las Vegas, to Interwest Capital Group for $20.6 million. RSE Capital Partners provided preferred equity capital for the deal, and Capital One originated $12.6 million in acquisition financing through Freddie Mac, according to Yardi Matrix. The fixed-rate loan matures