Gelt Inc. Acquires Multifamily Property At 856 Heatherwood Ln In Vista For $53.5M

The property asset sold is a MultiFamily building located at 856 Heatherwood Ln in the Vista market, with a transaction amount of $53,500,000.00.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $53,500,000.00
• Sale Date: 07/01/2024
• Buyer: Gelt Inc.
• Broker: Derrek Ostrzyzek - CBRE

The transaction involved Gelt Inc. as the buyer, represented by broker Derrek Ostrzyzek from CBRE, who facilitated the deal for the MultiFamily property situated in Vista.