Michaelson Real Estate Group, LLC Chosen to Manage Palm Trace Apartment Homes,Florida

Michaelson Real Estate Group, LLC (“Michaelson”), a leading, fully integrated real estate company offering expertise in investment management, development and property management of rental housing properties, has been selected by a private equity fund to provide property management services to Palm Trace Apartment Homes, a resort-inspired multi-housing community located at 6870 103rd Street, Jacksonville, Florida.

“This is a new relationship with this particular equity partner,” said Michael Moses, CEO of Michaelson. “We see a lot of potential for success and future growth with this group.”

Palm Trace is nestled in a serene environment just minutes from restaurants, amazing shopping, nighttime entertainment, banking and schools, major sports events, art exhibitions, concerts, and golf courses. Palm Trace is also conveniently located near many major employers, including NAS Jacksonville, Fidelity National Financial, St. Vincent’s Medical Center, and Baptist Medical Center.Palm Trace offers superb accessibility to the area’s most traveled highways, including Interstate 95, 10 and Highway 295, and the Jacksonville International Airport.

Built in 1986, Palm Trace features a mix of one and two bedroom apartments in two different floor plans with an average size of 827 square feet. Palm Trace boasts upgraded cabinetry with brushed nickel hardware, upgraded appliances, large closets, modern light fixtures, wood plank flooring, vaulted ceilings, full-size washer/dryers and private balcony/patios. The property also features a full amenity package including a clubhouse with lounge furniture & cyber cafe, sparkling pool, sundeck, 24-hour fitness center, summer kitchen with grilling stations, lakeside gazebo, dog park, covered car wash area and onsite playground.

Michaelson is a full service multi-family housing and commercial real estate management and investment firm. Michael N. Moses, the principal, is a seasoned real estate executive and entrepreneur with more than 30 years of experience in the multifamily market.