Florida

Gainesville, Fla. — The Jacobson Co. has completed the acquisition of Liv+ Gainesville, a 618-bed student housing community located near the University of Florida in Gainesville. The 235-unit, four-story property features one-, two-, three-, four-, five- and six-bedroom layouts and amenities such as covered parking, a fitness center, pool, dog park and pet spa, 24-hour market, resident lounge and study lounges. Located at 1900 S.W. 13th St., the property is walkable to the university. Jaclyn Fitts, William Vonderfecht, Casey Schaefer and Ryan Hixon of CBRE arranged the transaction on behalf …

Tallahassee, Fla. — Marcus & Millichap has arranged the $6.2 million sale of Bainbridge Place, a 164-bed student housing community near Florida State University in Tallahassee. Matthew Prozzillo and Benjamin Skinner of Marcus & Millichap represented the seller, Broadview, in the disposition of the property to a northeastern private capital group. The community was developed in 2003 at 2309 Old Bainbridge Road and features 21 two-story buildings and a clubhouse. The new ownership plans to fully renovate and convert the property into conventional multifamily, offering one- and two-bedroom units with bed-to-bath …

Pensacola, Fla. — Marcus & Millichap has arranged the $2.75 million sale of Utopia Cottages, a 30-bed student housing community located near the University of West Florida campus in Pensacola.  The property offers a mix of three- and four-bedroom units across eight buildings. Matthew Prozzillo and Benjamin Skinner of Marcus & Millichap represented the seller, Haken Holdings, and procured the buyer, MMC Realty Holdings LLC, in the transaction. The property was developed in 2020 and is located at 9822 Utopia Drive.  “This transaction marks the buyer’s entry into the Florida …

Tampa, Fla. — A joint venture between Vesper Holdings and funds managed by affiliates of Fortress Investment Group has acquired ON50 Tampa, a 444-bed student housing community located near the University of South Florida. The property offers a mix of three- and four-bedroom, fully furnished units. Shared amenities include an oasis-style swimming pool, a computer lab, study lounge, movie and entertainment center, hammock garden, community kitchenette, coffee bar and shuttle service to the university’s campus. The community is the joint venture’s fourth acquisition over the past 13 months.