FPA Multifamily Acquires 352-Unit Multifamily Property In Chadds Ford, Pennsylvania For $96.5M

The multifamily property located at 7000 Johnson Farm Ln in Chadds Ford, Pennsylvania has been sold for $96,500,000. The transaction took place on 11/01/2022 and involved 352 units. The sale price per unit is calculated to be $274,148. FPA Multifamily purchased the property from Crow Holdings Capital. The brokers who facilitated the deal were Mark Thomson, Carl Fiebig, Francis Coyne, and Tyler Margraf from JLL Capital Markets.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $96,500,000
• Units: 352
• Price per Unit: $274,148
• Buyer: FPA Multifamily
• Seller: Crow Holdings Capital
• Brokers: Mark Thomson, Carl Fiebig, Francis Coyne, and Tyler Margraf - JLL Capital Markets

The sale of this multifamily property demonstrates the robust real estate market in Chadds Ford, Pennsylvania. FPA Multifamily made a strategic acquisition by adding 352 units to their portfolio. Crow Holdings Capital, the seller, found a suitable buyer for their property with the assistance of brokers Mark Thomson, Carl Fiebig, Francis Coyne, and Tyler Margraf from JLL Capital Markets.