Circle Capital Partners Acquires Multifamily Asset In Davie For $34.7M

Circle Capital Partners, represented by Todd Linden, has acquired a multifamily property located at 4199 Southwest 67th Avenue in Davie. The property was sold by Park Partners Residential, with Rick Giles and Alexander Rosemurgy of Rosemurgy Properties representing the seller. The transaction took place on August 27, 2021, with a sale price of $34,700,000.

Summary of transaction details:

• Property Type: Multifamily
• Sale Price: $34,700,000
• Address: 4199 Southwest 67th Avenue, Davie
• Market: Davie
• Buyer: Circle Capital Partners - Todd Linden
• Seller: Park Partners Residential - Rick Giles, Alexander Rosemurgy - Rosemurgy Properties
• Units: 178
• Price Per Unit (PPU): $194,944
• Acres: 7.7
• Price Per Acre (PPA): $4,506,494

This transaction marks an important milestone for Circle Capital Partners, expanding their multifamily portfolio. Todd Linden, the representative of Circle Capital Partners, played a crucial role in facilitating the deal. On the seller's side, Rick Giles and Alexander Rosemurgy, from Rosemurgy Properties, worked diligently to negotiate the agreement.