JLL Arranges Sale of Three-Property Student Housing Portfolio Near Florida State

by Katie Sloan

Tallahassee, Fla. — JLL Capital Markets has arranged the sale of a three-property student housing portfolio totaling 1,152 beds near Florida State University in Tallahassee. Stewart Hayes, Scott Clifton and Jack Goldberger of JLL represented the seller, FPA Multifamily, in the disposition of the properties to Ancient City Capital. The portfolio includes the 168-unit The Hub at Tallahassee, the 168-unit The Social 1600 and the 134-unit The Social Tallahassee. The communities feature one-, two-, three- and four-bedroom units with an average unit size of 1,089 square feet. Shared amenities at the properties include swimming pools, fitness centers and resident lounges. The communities are located at 1303 Ocala Road, 1600 Old Bainbridge Road and 1327 High Road. 

You may also like