GMC Property Management Acquires 218-Unit Multifamily Asset In Jacksonville From Topaz Capital Group

This transaction involves a multifamily asset consisting of 218 units, totaling 202,000 square feet, located in the Jacksonville market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not disclosed
• Units: 218
• Square Footage: 202,000
• Buyer: GMC Property Management
• Seller: Marc A. Hershberg & J. Etan Friedman - Topaz Capital Group
• Seller's Representatives: Greg Rainey & Cole Whitaker - Berkadia
• Attorney: Joshua Zelkowitz - Stein Adler Dabah Zelkowitz

The deal involved GMC Property Management as the buyer and was facilitated by seller representatives Greg Rainey and Cole Whitaker from Berkadia, with legal services provided by attorney Joshua Zelkowitz from Stein Adler Dabah Zelkowitz.