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Robbins Property Associates Announces Luxurious Class A Multifamily Acquisition in Jacksonville, Florida
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Questor: this ‘speculative’ bet on a Covid treatment has made us 92pc. Bank your profits now
Questor share tip: Synairgen’s shares have soared since our November tip and their volatility should allow you to invest again more cheaply
20 January 2021 • 5:00am
Synairgen is trialling a treatment for Covid-19, but for now the company has no sales so it is a firmly ‘speculative’ investment
Credit: KATERYNA KON/SCIENCE PHOTO LIBRARY
If you tip something as a speculative buy and less than two months later it has almost doubled in value it is at least worth asking whether it would be wise to bank your winnings.
TAMPA, FL - Robbins Property Associates, a vertically integrated multifamily owner operator, has partnered with a repeat private equity limited partner to acquire Century Cross Creek. The expansive 297-unit complex was completed in 2008 and 2014. The property, which was re-branded The Parq at Cross Creek, is located in the fast-growing New Tampa/Tampa Palms submarket.
The property is centrally located with ease of access to Interstate 75, via Morris Bridge Road or Bruce B. Downs Boulevard, which provides access to over 17.7 million square feet of corporate office space within a twelve-mile radius. The area provides a high proportion of healthcare, finance, and education jobs, including USAA, Coca-Cola, multiple hospitals, and the University of South Florida.
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