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Peter Tsoulogiannis Of Slat...

Peter Tsoulogiannis Of Slate Asset Management Acquires Multifamily Portfolio From Zamir Kazi For $226.5M
SOLDMultiFamily

Peter Tsoulogiannis Of Slate Asset Management Acquires Multifamily Portfolio From Zamir Kazi For $226.5M

$226,500,000

Building Size

Asset Type

MultiFamily

Closing

Jul 8, 2025

AI

The transaction involves a multifamily portfolio valued at $226,500,000, consisting of 1,600 units across multiple markets including Tampa, FL; Atlanta, GA; and Phoenix, AZ. The deal reflects a price per unit of $141,563, with the portfolio offering below-market rents and potential for value-add enhancements.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $226,500,000
  • Buyer: Peter Tsoulogiannis - Slate Asset Management
  • Seller: Zamir Kazi - ZMR Capital
  • Units: 1,600

Peter Tsoulogiannis represents Slate Asset Management in acquiring the portfolio, while Zamir Kazi represents ZMR Capital, which will remain as the operating partner following the transaction. The deal is expected to close by the end of the month.

Players

SM
Slate Asset ManagementBuyer

Zamir Kazi

ZMR Capital

Seller

$622.8M

vol

10 deals

Seller

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.07%

Cash-on-Cash

-0.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93