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JPMorgan Asset Management Sells Hollywood Multifamily Property For $91.7M

Property Image
SOLD
$91,700,000
Ted Taylor
Simon Banke
Maurice Habif
+ 2

Florida

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MultiFamily345,948 SF
Sold 01/12/2021
the dealplayerscompscontact
Property Image
SOLD

JPMorgan Asset Management Sells Hollywood Multifamily Property For $91.7M

2300 North 29th Avenue, Hollywood, FL, USA

See Similar Deals
MultiFamily345,948 SF
Sold 01/12/2021
Ted Taylor
Simon Banke
Maurice Habif
+ 2
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$265
Total Square Footage:345,948 SF
Transaction Type:Sale

The multifamily property located at 2300 N. 29th Avenue in Hollywood was recently sold for a price of $91,700,000. The property consists of 336 units with an average price per unit of $272,917. The total square footage of the property is 345,948, with an average price per square foot of $265.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $91,700,000
  • Address: 2300 N. 29th Avenue
  • Market: Hollywood
  • Units: 336
  • Price per Unit: $272,917
  • Square Footage: 345,948
  • Price per Square Foot: $265

The sale was facilitated by JLL Capital Markets, with Matthew Lawton, Maurice Habif, Simon Banke, Ted Taylor, and Jo Rousseau representing the seller, JPMorgan Asset Management. The deal was successfully closed on 01/12/2021.

Players

Maurice Habif
JLL
Maurice Habif
19 deals$1B volume
BROKER
Simon Banke
JLL
Simon Banke
26 deals$1.4B volume
BROKER
Jo Rousseau
JLL
Jo Rousseau
6 deals$429.1M volume
BROKER
Matthew Lawton
JLL
Matthew Lawton
13 deals$1.5B volume
BROKER
Ted Taylor
JLL
Ted Taylor
11 deals$719.2M volume
BROKER
J.P. Morgan Chase
J.P. Morgan Chase
SELLER
J.P. Morgan Chase
J.P. Morgan Chase
LENDER

Details

SOLD
IMAGE: Simon Banke, Ted Taylor, & Maurice Habif DATE: 01/12/2021 ADDRESS: 2300 N. 29th Avenue MARKET: Hollywood ASSET TYPE: Multifamily SELLER: JPMorgan Asset Management BROKERS: Matthew Lawton, Maurice Habif, Simon Banke, Ted Taylor, & Jo Rousseau - JLL Capital Markets PRICE: $91,700,000 UNITS: 336 ~ PPU: $272,917 SF: 345,948 ~ PPSF: $265

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