Michaelson Real Estate Group, LLC and a private equity investor acquire Promenade Park Avenue Apartments
Michaelson Real Estate Group, LLC and a private equity investor have acquired Promenade Park Avenue Apartments, a 105-unit multi-housing community in Jacksonville, Florida. The asset enjoyed 94% occupancy at the time of purchase. Built in 1974, Promenade Park features a mix of one and two-bedroom apartments in three different floor plans with an average size…
Read moreMichaelson Real Estate Group, LLC Chosen to Manage Camelot Gardens in Jacksonville, Florida
Michaelson Real Estate Group, LLC has been selected by a private equity fund to provide full-service property management services to Camelot Gardens, a 692-unit multifamily residential community located in the Jacksonville Westside submarket. “This is a new relationship with this particular equity partner. We are very excited to work with this group on this acquisition,”…
Read moreMichaelson Real Estate Group, LLC Chosen to Manage The Burgundy Apartments in Dallas, Texas
Michaelson Real Estate Group, LLC has been selected by a private equity fund to provide fullservice property management services to The Burgundy Apartments, a fractured condo asset located in North Dallas, Texas. “This is a new relationship with this particular equity partner,” said Michael N. Moses, CEO of Michaelson. “The Burgundy has tremendous potential. It…
Read moreMichaelson Real Estate Group, LLC and Private Equity Partner acquire Crystal Lake Apartments
Michaelson Real Estate Group is pleased to announce the expansion of its existing portfolio to include Crystal Lake Apartments, a 224-unit lakefront apartment community nestled in a tranquil setting in Pensacola. Crystal Lake, located at 7680 Highway 98 West, is just minutes from Pensacola Beach, Gulf Shores, restaurants, shopping, banking and schools. It is comprised…
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