Trion Properties Acquires Orlando Multifamily For $107.75M From Seller Fifteen Group

The multifamily property located at 8151 Patterson Woods Drive in Orlando has been sold for a total price of $107,750,000. The transaction took place on November 1, 2021.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $107,750,000
• Address: 8151 Patterson Woods Drive
• Market: Orlando

The buyer for this property is Trion Properties, represented by Max Sharkansky, Mitch Paskover, Marley Dominguez, and Lauren Feder. On the other hand, Fifteen Group acted as the seller in this transaction.

Berkadia's Jaret Turkell, Brett Moss, Omar Morales, and Tyler Swidler served as the seller's representatives in the deal.

The property consists of 384 units with an average price per unit of $280,599. The total square footage of the property is 426,000, resulting in a price per square foot of $253.