Jalil Bami Acquires Philadelphia Multifamily Asset From Civetta Property Group For $9.35M

The transaction involved a multifamily asset located at 214 Vine Street in Philadelphia. The property comprises 29 units, totaling 24,414 square feet. The sale price of the property was $9,350,000, with a price per unit of $322,413 and a price per square foot of $382.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,350,000
• Address: 214 Vine Street
• Market: Philadelphia
• Units: 29
• Square Footage: 24,414
• Price Per Unit: $322,413
• Price Per Square Foot: $382
• Buyer: Jalil Bami
• Seller: Civetta Property Group
• Seller's Representative: Kenneth Wellar, Corey Lonberger & Alan Krawitz - Global Real Estate Advisors (GREA)

The individuals involved in this transaction include Jalil Bami as the buyer and Civetta Property Group as the seller. The seller's representatives, Kenneth Wellar, Corey Lonberger, and Alan Krawitz, are from Global Real Estate Advisors (GREA), facilitating the transaction on behalf of the seller.