Phoenix Realty Group & Prospect Capital Acquires Multifamily Property In Orlando For $97.5M

A multifamily property located at 5915 Raleigh Street in Orlando has been sold for $97,500,000. The property consists of 442 units, with a price per unit of $220,588. The sale took place on January 12, 2022.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $97,500,000
• Address: 5915 Raleigh Street
• Market: Orlando

The buyer of the property is Phoenix Realty Group and Prospect Capital. The seller is RISE. The transaction was facilitated by the brokers Matt Wilcox, Brett Moss, Tyler Swidler, and Cole Whitaker from Berkadia.