Real estate investment company J.I. Kislak purchased three foreclosed multifamily properties from Miami-based Ocean Bank. The terms of the deal were not disclosed.
The three properties are in Pensacola, Fla., and have a combined 481 rental units, bringing Kislak's portfolio to 3,100 units. Kislak purchased the Villas at Jasmine Creek, the Villas at Jasmine Fields and [...]