384 Units Daytona Florida Acquistion

3 Replies

Investment Info:

Large multi-family (5+ units) other investment.

Purchase price: $42,000,000

URBANIZE PROPERTIES DOES IT AGAIN 384 UNIT OFF MARKET MULTIFAMILY EQUITY DEAL! 💥🎉🍾
📌Urbanize Properties specializes in sourcing OFF MARKET deals. Creating Opportunities and Building Wealth for Our Investors.
👩🏻‍🤝‍👩🏻Janet and Kristine brought the parties together end of 2020 and all came fruition for a successful closing July 2021. Sourcing the off market owner/operator and bringing in valuable client as the equity partner!
🏆 Thank you for the team effort and to our investors

What made you interested in investing in this type of deal?

Urbanize Properties sourced the owner/operator and sourced the equity partner

How did you find this deal and how did you negotiate it?

prospecting

How did you finance this deal?

syndication

How did you add value to the deal?

underwriting

What was the outcome?

closed acquisition

Lessons learned? Challenges?

always learning

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

yes Kristine Flook and Janet Crucet of Urbanize Properties

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