Goldman Sachs Acquires Multifamily Asset In Hyannis From Hanover Company For $129.5M

This multifamily property is located at 99 Wilkens Lane, Hyannis, MA. The asset was sold for $129,500,000, featuring 272 units. The total square footage of the property is 260,728, resulting in a price per unit of $476,102 and a price per square foot of $496.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $129,500,000
• Units: 272
• Square Footage: 260,728
• Price Per Unit: $476,102
• Price Per Square Foot: $496
• Buyer: Goldman Sachs
• Seller: Hanover Company
• Seller's Representative: Brendan Shields, Travis D'Amato, Michael Coyne & Maggie McFarland - Walker & Dunlop

The transaction involved key representatives from Walker & Dunlop, including Brendan Shields, Travis D'Amato, Michael Coyne, and Maggie McFarland, who facilitated the sale on behalf of Hanover Company. Goldman Sachs acquired the property as part of their investment strategy in the multifamily sector.