Circle Capital Partners Acquires Multifamily Property In Lauderhill For $22.2M

Circle Capital Partners has acquired a multifamily property located at 5330 & 5350 NW 88th Ave in Lauderhill. The property spans across 9.2 acres and consists of 144 units. The sale was facilitated by Thomas E. Faust Jr., a representative from Eaton Vance Management, and Laurie G. Hylton. The transaction was financed by greystone''>Greystone Servicing Co. with a selling price of $22,220,000, resulting in a per unit price of $154,306.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $22,220,000
• Address: 5330 & 5350 NW 88th Ave
• Market: Lauderhill
• Acres: 9.2

The acquisition of this multifamily property was made by Circle Capital Partners. The deal involved representation from Thomas E. Faust Jr. of Eaton Vance Management and Laurie G. Hylton. They successfully facilitated the sale, with Greystone Servicing Co. providing the necessary financing.