Lexin Capital, a private investor based in New York, has acquired The Jamison, a 315-unit luxury apartment in Kissimmee for $70.8 million. The sellers were Debartolo Development and Upshot Capital Advisors and the transaction was handled by JLL Capital Markets.
Completed in 2020, The Jamison totals 334,215 square feet and consists of 315 units across seven residential buildings. Community amenities include a swimming pool with cabanas and the clubhouse, which includes game rooms and a fitness center. It is located at 1040 Jamison Loop, near Florida's Turnpike SR91 exit.
The JLL Capital Markets team representing the seller included Jay Ballard, Ken DelVillar, Bailey Smith and Patrick Coley.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
