Darron Kattan, Zachary Ames, Avery Jordan, Mark Savarese, Cary Brown and Cameron Wolfe of Franklin Street represented both the buyer, Topaz Capital Group, LLC, and the seller, Wells Boys & Girls Management.
Norfolk, Virginia-based Cohen Investment Group sold the property to South Florida-based Terra Equity Group.
The property traded above its initial pricing guidance, reinforcing an unyielding investor appetite for Central Florida multifamily.
The buyer was Southport Financial, one of the largest affordable housing developers/owners in the nation.
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