Blackfin Real Estate Investors Sells Greensboro, NC Multifamily For $67M With Cushman & Wakefield

The multifamily property located at 5939 W Friendly Ave in Greensboro, NC has been sold in a closed transaction. The property, consisting of 502 units, was sold by Blackfin Real Estate Investors for a total price of $67,000,000. This translates to a price per unit of $133,466.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $67,000,000
• Address: 5939 W Friendly Ave, Greensboro, NC
• Market: Greensboro, NC
• Seller: Blackfin Real Estate Investors
• Brokers: Richard Montana, Hunter Bowling & Paul Marley - Cushman & Wakefield
• Units: 502
• Price per Unit: $133,466

The sale was facilitated by the Cushman & Wakefield team, represented by brokers Richard Montana, Hunter Bowling, and Paul Marley. The deal highlights the significant transaction in the multifamily market in Greensboro, NC.