JDI acquired The Park at Woodlands (formerly Ascend at Woodlands), a 324-unit, newly constructed Class A multifamily community in Pace, Florida, within the Pensacola MSA, in a joint venture with Four Corners Development Group. Built in 2025, the community sits on roughly 33 acres and includes a resort-style pool, fitness center, dog park, and a full amenity package across 12 residential buildings, directly adjacent to a large, actively growing single-family community that reinforces long-term rental demand in the submarket. The Park at Woodlands has already completed lease-up and reached stabilization, supported by strong renter demand in Santa Rosa County — one of the faster-growing, higher-income submarkets in the Pensacola area, with highly rated schools and limited new competing supply.
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