Stephen L. Vecchitto, David Vecchitto, David Quintero & Matt Zaverucha Acquire Multifamily Asset In Pompano Beach For $60.9M

The multifamily property located at 4611 Federal Highway in Pompano Beach has a sale price of $60,900,000. The asset encompasses 249 units and has a total square footage of 220,863, resulting in a price per unit of $244,578 and a price per square foot of $275.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $60,900,000
• Units: 249
• Square Footage: 220,863
• Price Per Unit: $244,578
• Price Per Square Foot: $275
• Buyer: Stephen L. Vecchitto, David Vecchitto, David Quintero & Matt Zaverucha - Advenir Azora
• Seller: Bell Partners
• Brokers: Still Hunter & Kaya Robert Suarez - Walker & Dunlop

The transaction involved key stakeholders including Stephen L. Vecchitto, David Vecchitto, David Quintero, and Matt Zaverucha, representing Advenir Azora as the buyers. The selling party was represented by Bell Partners. The brokerage services were provided by Still Hunter and Kaya Robert Suarez, both associated with Walker & Dunlop.