MULTIFAMILY PROPERTY IN JACKSONVILLE, FLA., TRADES HANDS

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JACKSONVILLE, FLA. — Louisville, Colo.-based Condo Capital Solutions has purchased Old San Jose on the River, a residential riverfront community near Jacksonville's historic San Marco district. The property currently has three completed buildings, including a five-story, 18-unit condominium building on the St. Johns River, a four-unit condominium residence and three townhome residences. Condo Capital has retained Jacksonville-based McGarvey Residential Communities, the property's original developer, to serve as the development manager for the community. The acquisition price was not disclosed.

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