Hudson Cos. Acquires Multifamily Property In Philadelphia For $13M

The multifamily property located at 526 Brown St in Philadelphia, PA was recently sold for a total price of $13,000,000. The transaction took place on 06/17/2021 and involved a total of 35 units, resulting in an average price per unit (PPU) of $371,429. Hudson Cos. acted as the buyer, while the seller was Trinity Realty Cos. The sale of this property was facilitated by Samantha Kupersmith and Spencer Yablon from CBRE.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $13,000,000
• Units: 35
• PPU: $371,429
• Buyer: Hudson Cos.
• Seller: Trinity Realty Cos.
• Brokers: Samantha Kupersmith & Spencer Yablon - CBRE
• Date: 06/17/2021
• Address: 526 Brown St, Philadelphia, PA

Spencer Yablon and Samantha Kupersmith from CBRE played integral roles as brokers in this transaction. They represented the buyer, Hudson Cos., and worked alongside the seller, Trinity Realty Cos., to successfully complete the sale of this multifamily property.