NorthEnd Equities & Motti Schapira Acquire Multifamily Portfolio In Florida For $240M

The recently sold property is a multifamily portfolio located in Lakeland, Jacksonville, Tampa, Orlando, Eustis, Mount Dora, and Winter Haven. The portfolio, consisting of 2,384 units, was sold for a total price of $240,000,000, resulting in a per unit price of $100,671.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $240,000,000
• Address: Multifamily Portfolio
• Market: Lakeland, Jacksonville, Tampa, Orlando, Eustis, Mount Dora, Winter Haven

The buyer of the portfolio is NorthEnd Equities & Motti Schapira, while the seller is Amzak Capital Management. The transaction was facilitated by CBRE brokers, Michael Regan and Frank Carriera.