Middleburg Communities Acquires Multifamily Property In Orlando For $87.25M

A multifamily property located at 800 Lombard St in Orlando has been sold in a transaction. The property consists of 270 units and was sold for a price of $87,250,000, resulting in a price per unit of $323,148.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $87,250,000

The buyer of the property was Middleburg Communities, while the seller was Catalyst Development Partners. The sale was facilitated by brokers Brett Moss, Tyler Swidler, Matt Mitchell, and Bennett Hopkins from Berkadia.