MIAMI—Call it 15. In another off-market transaction,Carroll Organization continues to show how hungryit is for Florida multifamily assets. Financialterms of the deal were not disclosed.

Carroll snapped up Aventine at Town Center, a 320-unitmultifamily asset in Jacksonville, FL. Altogether, the Atlanta-based firm has grabbed over $1.2 billion inmultifamily assets across the southeast in thepast 18 months alone and several in Jacksonville.

“Location is a critical element of any investment,” says M.Patrick Carroll, founder and CEO of the Carroll. “Aventine has allof the core components that make a location desirable for ourresidents: accessibility to top retail, close proximity to qualityemployers, and easy access to main transportation thoroughfares.When you combine the prime location with a solid value-addstrategy, we know both our residents and investors willbenefit.”

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