Inland Real Estate Acquisitions, Inc. announced that it negotiated and helped close the purchase of Magnolia Village Apartments, a 168-unit multifamily property located in Jacksonville, Florida. Mark Cosenza, senior vice president of Inland Real Estate Acquisitions, facilitated the transaction, with assistance from David Neboyskey, assistant vice president and associate counsel of The Inland Real Estate Group, LLC, Law Department, on behalf of an Inland affiliate.