In deals confirmed Aug. 16, Indiana-based Becovic Management Group expanded its investment in Downtown Jacksonville with the purchase of the 11 East Apartments and The Carling Apartments. | Ric Anderson, Jacksonville Daily Record
Published on August 21, 2026 at 1:29 pm
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Becovic Management Group paid $27 million for The Carling and 11 East apartments Downtown in sales that closed Aug. 14, according to deeds recorded Aug. 20 with the Duval County Clerk of Court.
One deed shows that through BMG 11 East LLC, Becovic paid $15.5 million for 11 East. It bought the property from The Vestcor Cos. through VCP-Lynch Building Ltd.
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Two more deeds show that Vestcor sold The Carling to BMG Carling LLC in two sales at $5.75 million each, totaling $11.5 million.
Read the rest of this story at the Jacksonville Daily Record, a Jacksonville Today news partner.
