Francesco Orsi Purchases Multifamily Asset From Dan David For $7.68 Million In Houston

The property asset involved in the transaction is a MultiFamily building located at 704 East Waring Street in Houston. The property has a total of 128 units and encompasses a square footage of 108,096.00. The transaction was completed for a price of $7,680,000.00.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $7,680,000.00
• Address: 704 East Waring Street
• Market: Houston
• Units: 128
• Square Footage: 108,096.0
• Buyer: Francesco Orsi
• Seller: Dan David
• Sale Date: 01/31/2025

The key individuals involved in this deal include the buyer, Francesco Orsi, who has acquired the property from seller Dan David. This transaction reflects the interests of both parties in the Houston market and has been finalized on January 31, 2025.