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Element Property Company Acquires Student Housing Community in Jacksonville for Conversion to Conventional Apartments

JACKSONVILLE, FL - Los Angeles-based Element Property Company has acquired Kernan Oaks apartments in the Southside submarket of Jacksonville, Florida, with plans to convert the community from a 70/30 mix of traditional apartments and student housing/co-living into 100% conventional market-rate apartments. Element has implemented a similar conversion strategy at two other properties. The 361-unit garden apartment community was built in 1997. It’s highly amenitized with two resort-style...
United States Kernan Oaks Michael Silberman Landon Wright Flagler Center Partner Of Element Property Company

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