Bogdan Georgescu Acquires Fort Lauderdale Multifamily For $13M

Located at 1030 NE 8th Avenue in Fort Lauderdale, this multifamily property has been sold in a successful deal. The transaction took place on January 31, 2022, with a sale price of $13,000,000. The property consists of 71 units, resulting in a price per unit of $183,099. The total square footage of the asset is 43,264, with a price per square foot of $301.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $13,000,000
• Units: 71
• Price per Unit: $183,099
• Square Footage: 43,264
• Price per Square Foot: $301
• Address: 1030 NE 8th Avenue, Fort Lauderdale

The buyer of the property is Bogdan Georgescu. On the selling side, Guy Goldberg and Shai Yitzhaki, represented by GHG, acted as the sellers. Deme Mekras from MSP Group LLC served as the broker in this transaction.

This successful deal is another testament to the collaboration between GHG and MSP Group. For more information, you can visit the websites of GHG at www.GHG-Inv.com and MSP Group at www.MSPgroup.com.