Ric Campo Of Camden Property Trust Acquires Solaya Multifamily In Orlando For $65.9M
Florida
See Similar DealsRic Campo Of Camden Property Trust Acquires Solaya Multifamily In Orlando For $65.9M
11833 Westwood Boulevard
See Similar DealsSummary
The property involved in this transaction is a multifamily asset located at 11833 Westwood Boulevard in Orlando. The sale price was $65,900,000 for a 322-unit community known as Solaya, which is being rebranded as Camden Lake Buena Vista. This garden-style community covers an area of 16 acres and consists of eight four-story buildings, offering amenities such as a pool, fitness center, clubhouse, and lakeside cabanas.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $65,900,000
- Units: 322
- Price Per Unit: $204,658
- Buyer: Ric Campo - Camden Property Trust
- Seller: Richard Schechter - Bainbridge Companies
Ric Campo represented Camden Property Trust in this acquisition, while Richard Schechter represented Bainbridge Companies in the sale. The transaction reflects a strategic move in the multifamily market within the Orlando area.
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