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JV Acquires 440-Unit Jacksonville Multifamily Asset

A joint venture between American Landmark Apartments and RSE Capital Partners has acquired Eastport Apartments, a 440-unit community in Jacksonville, Fla., and rebranded it as Mezza. Berkadia secured a Freddie Mac Green Up loan as acquisition financing. According to Yardi Matrix data, the property last traded in 2011, when Investors Management Group acquired it for $33.4 million.

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