Keener Investments Acquires Multifamily Property In Porter For $53.9M

The multifamily property located at 21899 Valley Ranch Crossing Dr in Porter has been sold for a total of $53,900,000. The transaction took place on 04/08/2022 and involved a total of 312 units. This equates to an average price per unit of $172,756.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $53,900,000
• Address: 21899 Valley Ranch Crossing Dr
• Market: Porter

The buyer of the property is Keener Investments, while the seller is The Lynd Group, represented by David Lynd and Constantine Scurtis. The sale of the property was facilitated by Berkadia.