FPA Multifamily Acquires 240-Unit Residences At Brentwood From Taymil Partners For $52.5M

The property involved in this transaction is a multifamily asset located at 630 Smithfield Road in North Providence, RI. The sale price for the 240-unit Residences at Brentwood was $52,500,000, resulting in a price per unit of $218,750.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $52,500,000
• Units: 240
• Address: 630 Smithfield Road
• Market: North Providence, RI
• PPU: $218,750
• Buyer: FPA Multifamily
• Seller: Taymil Partners
• Brokers: Simon Butler, Biria St. John, John McLaughlin & Brian Bowler - CBRE

The transaction was facilitated by CBRE, who arranged the sale of the Residences at Brentwood from Taymil Partners to FPA Multifamily. The brokers involved in this deal are Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler.