BridgePrep Property Holdings Acquires School Portfolio From MG3 Group For $172.4M In Florida

The transaction involved a portfolio of seven charter schools operated by BridgePrep across Florida. The assets were sold for a total of $172.4 million, with the transaction encompassing two campuses located in Miami-Dade County, specifically in Kendall and Doral. The other schools in the portfolio are situated in Naples, St. Cloud, Orlando, Davenport, and Poinciana.

Summary of transaction details:

• Property Type: School
• Transaction Amount: $172,400,000
• Buyer: BridgePrep Property Holdings
• Seller: Hernan Leonoff, Marcelo Saiegh & Gustavo Bogomolni - MG3 Group
• Market: Kendall, Doral, Naples, St. Cloud, Orlando, Davenport & Poinciana

The deal was facilitated by the MG3 Group, represented by Hernan Leonoff, Marcelo Saiegh, and Gustavo Bogomolni, indicating a collaborative effort among these individuals to effectively execute the sale of the school portfolio.