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

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.