American Landmark Apartments, a multifamily owner-operator, has acquired Rosemont St. Johns, a 420-unit apartment community in Jacksonville, Fla. Built in 2007, the property will be rebranded under the American Landmark portfolio and marks a strategic addition to the firm’s growing presence across Florida.
The acquisition reflects American Landmark’s confidence in Jacksonville’s surging multifamily market.
“Rosemont St. Johns represents an exciting opportunity to expand our footprint in one of Florida’s fastest-growing cities,” said Christine DeFilippis, CIO at American Landmark Apartments. “Jacksonville’s consistently strong job growth, expanding population and reputation as one of the most affordable large metros in Florida make it a compelling market for long-term investment. The property’s strategic location and premium amenities position Rosemont St. Johns as a compelling addition to our portfolio.”
Situated at 12310 Seacrest Lane, Rosem