Westdale Asset Management Acquires Dunedin Multifamily For $62.5M

Westdale Asset Management has acquired a multifamily property located at 2801 Dunedin Commons Place in the Dunedin market. The property consists of 280 units and was sold by Primerica Group One for a price of $62,500,000. This translates to a price per unit of $223,214.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $62,500,000
• Units: 280
• Price per Unit: $223,214
• Address: 2801 Dunedin Commons Place
• Market: Dunedin

The deal was facilitated by Jason Stanton, Cole Whitaker & Marc Sumner of Berkadia, representing both the buyer, Westdale Asset Management, and the seller, Primerica Group One.