Updated Aug 17, 2026
Geller Associates Acquires 201-Unit Multifamily Community From BRG Apartments In Cincinnati
8292 Four Worlds Drive
Units
201
Asset Type
MultiFamily
Closing
Aug 14, 2026
About this deal
AI
The property involved in the transaction is a 201-unit multifamily community located at 8292 Four Worlds Drive in Cincinnati, Ohio. The asset spans 5.5 acres and is classified as multifamily. Geller Associates acquired this property from BRG Apartments after BRG's 22 years of ownership.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not disclosed
- Units: 201
- Acres: 5.5
- Buyer: Geller Associates
- Seller: BRG Apartments
- Financing: $15.9 million Freddie Mac loan from Capital One
- Date of Sale: 08/14/2026
- Market: Cincinnati, OH
Geller Associates represented themselves in the transaction, acquiring the property through strategic financing with a prominent loan from Capital One, which outlines their commitment to expanding their multifamily portfolio. This acquisition marks a significant transition for BRG Apartments after two decades of maintaining ownership of the community.
Players
Martinsville MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93