Tag: Florida

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29th Street Capital Acquires 2nd Florida Property

Jacksonville, Fla. (January 3, 2016) – 29th Street Capital (29SC), a privately-held real estate investment and advisory firm, has acquired the Summer Oak Apartments Homes in Jacksonville, Florida. The new owner plans to rebrand the 400-unit riverfront multifamily community as “Pier 5350.” It also plans a $2 million renovation. “We are very happy to close on our second acquisition in Florida and have high expectations for this property and the overall Florida market,” said Bill McConaghy, 29SC’s Vice President of…