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Social Housing Inc. Acquires Multifamily Portfolio In Palm Beach County For $81.5M

Property Image
SOLD
$81,500,000
Jose Mota
Roberto Pesant
Omar Morales
+ 2

Florida

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MultiFamily
Sold 12/22/2021
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Property Image
SOLD

Social Housing Inc. Acquires Multifamily Portfolio In Palm Beach County For $81.5M

2220 Lake Worth Road, Lake Worth, Florida 33461, United States

See Similar Deals
MultiFamily
Sold 12/22/2021
Jose Mota
Roberto Pesant
Omar Morales
+ 2
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:MultiFamily
Transaction Type:Sale

The multifamily property located at 2220 Lake Worth Road & 2430 Lake Worth Road in Palm Beach County has been sold for a price of $81,500,000. The property consists of 336 units, with a price per unit (PPU) of $242,559.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $81,500,000
  • Address: 2220 Lake Worth Road & 2430 Lake Worth Road
  • Market: Palm Beach County

Social Housing Inc. purchased the property from AHS Residential - Ernesto Lopes. The deal was facilitated by Jaret Turkell, Roberto Pesant, Omar Morales, and Jose Mota of Berkadia.

Notable individuals involved in the transaction include Jaret Turkell, Roberto Pesant, Omar Morales, and Jose Mota of Berkadia, who represented the buyer, Social Housing Inc. Ernesto Lopes represented the seller, AHS Residential.

Players

Jaret Turkell
Berkadia
Jaret Turkell
49 deals$3.2B volume
BROKER
Roberto Pesant
Cushman & Wakefield
Roberto Pesant
32 deals$2.3B volume
BROKER
Omar Morales
Berkadia
Omar Morales
40 deals$2.7B volume
BROKER
Jose Mota
Cushman & Wakefield
Jose Mota
22 deals$1.2B volume(786) 886-9804
BROKER
Ernesto Lopes
Ernesto Lopes
14 deals$925.1M volume
SELLER

Details

SOLD
IMAGE: Jaret Turkell, Roberto Pesant, Ernesto Lopes, Omar Morales & Jose Mota DATE: 12/22/2021 ADDRESS: 2220 Lake Worth Road & 2430 Lake Worth Road MARKET: Palm Beach County ASSET TYPE: Multifamily BUYER: Social Housing Inc. SELLER: AHS Residential - Ernesto Lopes BROKERS: Jaret Turkell (@Deal_Crush), Roberto Pesant (@RJPesant), Omar Morales (@OmarMora1es) & Jose Mota - Berkadia SALE PRICE: $81,500,000 UNITS: 336 ~ PPU: $242,559

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