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Jacques Bessoudo & Jonathan Slomianski Of Galium Capital Acquire Multifamily Property In Houston For $50M

Property Image
SOLD
$50,000,000
Zach Springer
David Mitchell

Texas

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MultiFamily280,330 SF
Sold
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Property Image
SOLD

Jacques Bessoudo & Jonathan Slomianski Of Galium Capital Acquire Multifamily Property In Houston For $50M

5201 Memorial Drive

See Similar Deals
MultiFamily280,330 SF
Sold
Zach Springer
David Mitchell
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$178
Total Square Footage:280330 SF
Transaction Type:Sale

The multifamily property located at 5201 Memorial Drive in Houston, TX has been sold. The property spans a total of 445,254 square feet and consists of 242 units. The sale price for this transaction was $50,000,000, resulting in a per unit price of $206,612. The price per square foot was $112.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $50,000,000
  • Address: 5201 Memorial Drive, Houston, TX
  • Market: Houston, TX
  • Buyer: Jacques Bessoudo & Jonathan Slomianski - Galium Capital
  • Brokers: David Mitchell & Zach Springer - Newmark
  • Units: 242
  • Price per Unit: $206,612
  • Square Footage: 445,254
  • Price per Square Foot: $112

The buyer of the multifamily property is Jacques Bessoudo and Jonathan Slomianski from Galium Capital. The deal was facilitated by the brokers, David Mitchell and Zach Springer from Newmark.

Players

David Mitchell
Newmark
David Mitchell
10 deals$150.3M volume
BROKER
Zach Springer
Newmark
Zach Springer
7 deals$1.9B volume
BROKER

Details

SOLD
IMAGE: Jonathan Slomianski, Jacques Bessoudo, David Mitchell & Zach Springer DATE: 01/29/2024 ADDRESS: 5201 Memorial Drive MARKET: Houston, TX ASSET TYPE: Multifamily BUYER: Jacques Bessoudo & Jonathan Slomianski (@JSlomi) - Galium Capital (@GaliumCapital) BROKERS: David Mitchell & Zach Springer - Newmark (@Newmark) SALE PRICE: $50,000,000 UNITS: 242 ~ PPU: $206,612 SF: 280,330 ~ PPSF: $178

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