HighPoint Holdings Buys Two Apartment Complexes in Florida

By GlobeSt News Hub

Print Email Share Reprints News Tip? Get Alerts

Disable this ad

Sign Up for the Florida AM Alert

Join the thousands of real estate professionals that subscribe to the Florida AM Alert. Each and every morning, we deliver the important stories, data, analysis…as well as the opinions and insights of industry thought leaders to provide you with market intelligence and a daily business advantage.

Become a registered member today and don’t miss another important story in the Florida market. Let GlobeSt.com be your source for everything real estate.

TAMPA, FL-HighPoint Holdings LLC, a real estate investment firm based in Birmingham, has recently paid more than $64.4 million for two multifamily complexes in Florida. The firm and its partner, Georgia-based JMG Realty, acquired Circle at Crosstown, a 300-unit complex in Tampa, for $35.2 million and Bartram Park, a 336-unit property in Jacksonville, for $29.2 million.

The two apartment complexes, constructed in 2009, were sold by Crescent Resources. They are more than 90% occupied. For the full story, go to Birmingham Business Journal .

GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

Categories: Southeast, Sales, Acquisitions/Dispositions, , Scope, Tampa