The property involved in this transaction is a multifamily asset located at 2850 Wild Pines Lane in Naples. The site spans 10.5 acres and consists of 200 units, half of which are LIHTC income-restricted affordable apartments. Interface Properties, a real estate investment, development, and management firm based in Boca Raton, acquired the property. They assumed an in-place loan as part of the acquisition process. Interface Properties plans to self-manage the asset and invest in enhancements across the property.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not disclosed
• Buyer: Zac & Ken Goodman - Interface Properties
• Seller: JSB Capital Group
• Seller's Rep: Darron Kattan & Avery Jordan - Franklin Street

Key individuals involved in the transaction include buyers Zac and Ken Goodman, who represent Interface Properties, focusing on real estate investments. The sellers, JSB Capital Group, facilitated the sale with representation from Darron Kattan and Avery Jordan of Franklin Street, emphasizing their roles in the transaction.