JLL Income Property Trust Acquires Multifamily Asset In Casselberry For $154.1M

The multifamily property located at 1124 Shoreview Circle in Casselberry has been sold in a recent transaction. The sale, which took place on April 13, 2022, involved a total of 384 units. The property was purchased by JLL Income Property Trust, represented by Allan Swaringen. The buyer acquired the property from Jefferson Apartment Group, represented by Jim Butz. The sale price for this transaction was $154,100,000, resulting in a per unit price of $401,302.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $154,100,000
• Address: 1124 Shoreview Circle
• Market: Casselberry

Allan Swaringen of JLL Income Property Trust played a key role as the buyer's representative in this transaction. On the other hand, Jim Butz represented Jefferson Apartment Group as the seller's representative.