TROPHY MULTI-FAMILY ASSET TRADES HANDS IN JACKSONVILLE

Jacksonville, FL – October 22, 2013 – (RealEstateRama) — The CBRE Jacksonville Multi-Housing Group arranged the sale of The Strand, a 295-unit apartment building located at 1401 Riverplace Boulevard in Jacksonville, FL. The Class A waterfront high-rise apartment building was acquired by Crescent Heights out of Miami for $53.3 million. Brian Moulder and Dhaval Patel represented the seller in the transaction.


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