$32.5MM Multifamily Property Acquisition|Tampa, FL

Structured and arranged joint venture equity to capitalize the acquisition and repositioning of a 300-unit multifamily property in Tampa, Florida.

Challenges

The property was under contract for a higher per key amount than several recently completed transactions in the local market. Additionally, the sponsor’s track record consisted of only a few comparable multifamily acquisitions and a limited track record working with institutional equity partners.

Aruyel Nurbekova

JUNIOR ANALYST

Email

anurbekova@eyzenberg.com

D: (305) 995-0777

Alexei Muniak

ORIGINATOR

Email

amuniak@eyzenberg.com

D: (305) 995-0777 ext. 309
C: (917) 536-1057