Elco Landmark Pays $48M For Jacksonville Developments

Law360, Miami (March 5, 2013, 7:17 PM EST) -- Elco Landmark Residential announced Tuesday that it has completed a $47.5 million acquisition of two multifamily properties in a Jacksonville, Fla., suburb, continuing a string of large residential transactions in the area, including another by the company in December.

The Tampa-based real estate outfit's purchase of the adjacent Orange Park, Fla., properties from Equity Residential comes a few weeks after the $56 million acquisition of the Country Club Lakes Apartments in Jacksonville by GoldOller Real Estate Investments LLC of Philadelphia. Equity Residential also sold a three-property...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.