JACKSONVILLE, FL— Berkadia recently revealed that it has arranged the sale and financing of Topaz Villas, a 444-unit multifamily community in Jacksonville, FL. Director Greg Rainey of Berkadia Jacksonville, along with his team, arranged the sale on behalf of the sellers, Topaz Capital Group and The Lynd Company.
Senior managing director Mitch Sinberg, managing director Brad Williamson and associate director Wesley Moczul of Berkadia Florida arranged the financing on behalf of ROI Capital Group, which acquired the property for $66 million with a $53 million loan. Topaz Villas will be rebranded by new ownership immediately upon takeover of the asset.
The lender, Voya Investment Management, provided the full-term, three-year, floating-rate loan with extension options and interest only. The loan includes $47.72 million in initial funding and $5.28 million in future funding for capital improvements.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
