/PRNewswire/ Marking a new chapter in its growth, Silverstone Senior Living announced today that Compatriot Capital, a diversified real estate company and.
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Aventon Companies LLC announced April 20 it bought 18.86 acres in North Jacksonville for a proposed $52 million, 324-unit apartment community called Aventon Sorraia.
The company paid $4.25 million for the property at 13163 Ranch Road on April 15, according to the deed recorded April 20 with the Duval County Clerk of Courts.
Raleigh, North Carolina-based Aventon bought the land through Jax North Apartment Owner LLC from Blue Sky JAXAP LLC, according to the deed.
In its news release, the company described the development as 12 three-story, “modern farmhouse-style buildings” with one-, two- and three-bedroom apartments.
Burk Hedrick, Aventon Companies vice president of development, said in the release the project will fill an “underserved need for upscale apartment living” near Jacksonville International Airport.