Rise: A Real Estate Company buys land for Mandarin apartments | Jax Daily Record | Jacksonville Daily Record
Rise: A Real Estate Company assembled multiple properties in Mandarin for construction of The Julington, a 260-unit apartment development at 12397 San Jose Blvd. Duval County Clerk of Courts records show that Rise, through Mandarin Properties I LLC, paid $3.4 million for four vacant properties Dec. 11 and another vacant site July 27. Rise bought the properties, totaling 8.67 acres, from separate owners. American Momentum Bank of Tampa is financing the project with a $29.7 million mortgage. The city approved three permits Dec. 7 for Rise to build The Julington at a construction cost of almost ...
Source: jaxdailyrecord.com