Read Property Group Acquires Multifamily Property In Greece For $20.4M

The acquisition of a multifamily property located at 900 Calm Lake Circle in Greece has been finalized. The property spans a total area of 275,660 square feet and boasts a total of 356 units. The transaction was completed on 03/31/2023.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $20,400,000
• Market: Greece

The loan for this acquisition was provided by Arbor Commercial Bank, with Eric Regenbogen serving as the representative. The Read Property Group, represented by Robert Wolf, acted as the landlord in this deal. The brokerage services were provided by Brad Domenico of Progress Capital.