A package deal in the amount of $21,804,000 was closed between Louis Rogers as the buyer and Joe Oregano as the seller. The property involved in the transaction has a square footage of 212,100 and a price per square foot of $103. The deal was facilitated by Nathan Horne from Compass.

Summary of transaction details:

• Property Type: Package Deal
• Transaction Amount: $21,804,000
• Square Footage: 212,100
• Price per Square Foot: $103
• Buyer: Louis Rogers
• Seller: Joe Oregano
• Broker: Nathan Horne - Compass

Throughout the year 2022, the @horne.team continued their trend of representing NYC sellers and investors on out-of-state purchases, closing deals in multiple states, including OH, NC, GA, VA, IA, MI, IN, and others. The buyers in these transactions sought higher cash on cash returns than what was typically available in NYC. The properties purchased varied and included multi-family, medical office/industrial, single-family rentals, and NNN retail assets. The @horne.team collaborated with knowledgeable local brokers, such as @amber_wenzler in Dayton/central OH, @paulnealjr and @dannyjudgerealty in Savannah GA, @healybp in Baltimore MD, and @barttantillo in Philadelphia PA, to explore investment opportunities in these markets. Financing for the multi-state transactions was arranged by @farrukh_h of f2hcapital.com, who can be reached at [email protected].

If you are interested in investing in higher-yield properties outside of New York City, feel free to contact Nathan Horne at [email protected] or text 706-255-5657.