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

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SOLD
$9,350,000

Pennsylvania

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MultiFamily24,414 SF
Sold 05/28/2025
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Property Image
SOLD

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

214 Vine Street

See Similar Deals
MultiFamily24,414 SF
Sold 05/28/2025
Contact now

Summary

PENNSYLVANIA
Asset Type:MultiFamily
Price Per Square Foot:$383
Total Square Footage:24,414 SF
Transaction Type:Sale

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.

Players

Kenneth (Ken) Wellar
58 deals$1.2B volume
BROKER

Corey Lonberger
Global Real Estate Advisors (GREA)
33 deals$770.3M volume
BROKER

Alan Krawitz
Global Real Estate Advisors (GREA)
22 deals$250M volume
BROKER

Details

SOLD
IMAGE: Alan Krawitz, Kenneth Wellar & Corey Lonberger DATE: 5/28/2025 ADDRESS: 214 Vine Street MARKET: Philadelphia ASSET TYPE: Multifamily BUYER: Jalil Bami SELLER: Civetta Property Group SELLER'S REP: Kenneth Wellar (@Ken_Wellar_CRE), Corey Lonberger & Alan Krawitz (@AKrawitz84) - Global Real Estate Advisors (GREA) (@Grea_CRE) SALE PRICE: $9,350,000 UNITS: 29 ~ PPU: $322,413 SF: 24,414 ~ PPSF: $382

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