IRT Acquires Autumn Breeze Multifamily Community In Noblesville From Lightstone Group For $59.5M

The transaction involved a multifamily asset located at 14901 Beauty Berry Lane in Noblesville, IN. The property was sold for $59,500,000, comprising 280 units, resulting in a price per unit of $212,500.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $59,500,000
• Units: 280
• Price Per Unit: $212,500
• Buyer: IRT
• Seller: Lightstone Group
• Brokers: Cameron Benz, Clair Hassfurther, George Tikijian, Hannah Ott, Ryan Stockamp & Sean Pingel - CBRE

The brokerage firm CBRE facilitated the transaction, with Hannah Ott and George Tikijian representing the seller, Lightstone Group, in this sale to buyer IRT.