Dispositions

Vestcor prides itself on identifying quality multifamily rental real-estate investments and managing these investments to maximize returns for investors. Vestcor has significant experience in acquisition rehabilitation and new construction of affordable communities as well as new construction of luxury and student housing communities. This breadth of experience has allowed Vestcor, and investors in Vestcor communities, to be successful through several real estate cycles. Over the past 32 years, Vestcor has sold 29 communities, consisting of 6,642 units. The investors of these communities received distributions of $179 million on equity contributions of $51 million.

Arbor Club of Ponte Vedra
  • 251-Unit Apartment Community
  • Ponte Vedra Beach, Florida
  • Completed in 1992
  • Sold in 2004
Art Museum
  • 176-Unit Apartment Community
  • Jacksonville, Florida
  • Acquired in 1993
  • Sold in 2001
Auburn Glen
  • 250- Unit Apartment Community
  • Jacksonville, Florida
  • Acquired in 1990
  • Sold in 2002
Avery Trace
  • 310-Unit Apartment Community
  • Port Arthur, Texas
  • Acquired in 2015
  • Sold in 2018
Azalea Ridge
  • 102-Unit Apartment Community
  • Jacksonville, Florida
  • Acquired in 1994
  • Sold in 2015
Bay Pointe
  • 300-Unit Apartment Community
  • Jacksonville, Florida
  • Acquired in 1989
  • Sold in 2003
Bella Vista Apartments
  • 328-Unit Apartment Community
  • St. Augustine, Florida
  • Completed in 2000
  • Sold in 2004
Casa Grande
  • 100-Unit Apartment Community
  • Jacksonville, Florida
  • Acquired in 1983
  • Sold in 1998
Chase Ridge
  • 172-Unit Apartment Community
  • Jacksonville, Florida
  • Acquired in 1997
  • Sold in 2004
Courtney Manor
  • 360-Unit Apartment Community
  • Jacksonville, Florida
  • Completed in 2000
  • Sold in 2018
Cristopher Woods
  • 225-Unit Apartment Community
  • Jacksonville, Florida
  • Completed in 1987
  • Sold in 2001
Grande Court
  • 252-Unit Apartment Community
  • Jacksonville, Florida
  • Acquired in 2015
  • Sold in 2018
Heather Ridge
  • 120- Unit Apartment Community
  • Jacksonville, Florida
  • Acquired in 1991
  • Sold in 2000
Jordan Cove
  • 248-Unit Apartment Community
  • Dickinson, Texas
  • Completed in 2001
  • Sold in 2017
Jennifer Green
  • 120- Unit Apartment Community
  • Jacksonville, Florida
  • Acquired in 1991
  • Sold in 2000
Kendall Court
  • 360- Unit Apartment Community
  • Jacksonville, Florida
  • Completed in 1999
  • Sold in 2015
Kimberly Pointe
  • 228-Unit Apartment Community
  • Houston, Texas
  • Completed in 2004
  • Sold in 2017
Lindsey Terrace
  • 336-Unit Apartment Community
  • Jacksonville, Florida
  • Developed in 2002
  • Sold in 2018
Logan Heights
  • 360- Unit Apartment Community
  • Sanford, Florida
  • Completed in 2001
  • Sold in 2017
Madelyn Oaks
  • 360- Unit Apartment Community
  • Jacksonville, Florida
  • Acquired in 2015
  • Sold in 2018
Mandalyn Landing
  • 304- Unit Apartment Community
  • Palm Bay, Florida
  • Completed in 1999
  • Sold in 2015
Mandarin Lanai
  • 120-unit Apartment Community
  • Jacksonville, Florida
  • Acquired in 1986
  • Sold in 2002
Matthew Ridge
  • 240-Unit Apartment Community
  • Houston, Texas
  • Completed in 2003
  • Sold in 2016
Mayfair Village
  • 83-Unit Apartment Community
  • Jacksonville, FL
  • Acquired in 1992
  • Sold in 2008
Noah's Landing
  • 264-Unit Apartment Community
  • Naples, FL
  • Developed in 2002
  • Sold in 2018
Northwood
  • 160- Unit Apartment Community
  • Jacksonville, Florida
  • Acquired in 1990
  • Sold in 2000
Oakridge
  • 56-Unit Apartment Community
  • Jacksonville, Florida
  • Acquired in 1992
  • Sold in 2002
Oaks at Timiquana
  • 228- Unit Apartment Community
  • Jacksonville, Florida
  • Acquired in 1993
  • Sold in 2002
Portofino
  • 320-unit Apartment Community
  • Jacksonville, Florida
  • Completed in 1996
  • Sold in 2007
Ravenwood
  • 112-Unit Apartment Community
  • Jacksonville, Florida
  • Acquired in 1986
  • Sold in 1998
Riley Chase
  • 312-unit Apartment Community
  • North Port, Florida
  • Completed in 2001
  • Sold in 2009
Ryan Oaks
  • 132-Unit Apartment Community
  • Jacksonville, Florida
  • Developed in 2005
  • Sold in 2018
Semoran North
  • 348- Unit Apartment Community
  • Orlando, Florida
  • Acquired in 1991
  • Sold in 2007
The Flats at Carrs Hill
  • 316- Bed Student Housing Community
  • Athens, Georgia
  • Completed in 2013
  • Sold in 2015

The Flats at Kernan
  • 480- Bed Student Housing Community
  • Jacksonville, Florida
  • Completed in 2008
  • Sold in 2014
The Landing
  • 282- Unit Apartment Community
  • Altamonte Springs, Florida
  • Acquired in 1993
  • Sold in 1994
Timbers
  • 160-unit Apartment Community
  • Jacksonville, Florida
  • Completed in 1986
  • Sold in 2004
Tivoli at Deerwood
  • 400-unit Apartment Community
  • Jacksonville, Florida
  • Completed in 2002
  • Sold in 2005
TraVani I & II
  • 488-unit Apartment Community
  • Sarasota, Florida
  • Completed in 2002
  • Sold in 2005
Tuscan Isle
  • 298-unit Apartment Community
  • Naples, Florida
  • Acquired in 2014
  • Sold in 2018
Villanova
  • 312-unit Apartment Community
  • Orlando, Florida
  • Completed in 2000
  • Sold in 2005
Westland Park
  • 405-unit Apartment Community
  • Jacksonville, Florida
  • Completed in 1989
  • Sold in 1997