Servio Capital Acquires Multifamily Asset In New Orleans, LA For $40M

The multifamily property located at 1111 Tulane Ave in New Orleans, LA has been sold for $40,000,000. The sale was finalized on 11/08/2022. The property was acquired by Servio Capital, represented by Ryan Enk.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $40,000,000
• Date: 11/08/2022
• Address: 1111 Tulane Ave
• Market: New Orleans, LA

Ryan Enk, from Servio Capital, played a key role as the buyer's representative in this transaction. The deal signifies the investment made by Servio Capital in the New Orleans multifamily market.