Venterra Realty Acquires Multifamily Property In Orlando For $98M

Venterra Realty has acquired a multifamily property located at 4000 Headwaters Way in Orlando. The property consists of 328 units and was sold by Waypoint Residential for a total of $98,000,000, resulting in a price per unit of $298,780. The transaction took place on 12/02/2022.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $98,000,000
• Units: 328
• Price Per Unit: $298,780

The deal was facilitated by the brokers Scott Ramey, Brad Downing, Patrick Dufour, Paul Grant, and Ryan Moody from Newmark Group, Inc. They represented both the buyer, Venterra Realty, and the seller, Waypoint Residential. Additionally, the mortgage brokers involved in the transaction were Matt Williams, Kyle Schlitt, Rob Wright, and James Maynard, also from Newmark Group, Inc.