MEDIA COVERAGE ASSOCIATED WITH DEVELOPMENT OF Newest LUXURY APARTMENTS ON E. COLONIAL in East ORLANDO.
09-26-2022 Connect CRE
“Newly Formed Joint Venture Acquires Orlando Multifamily for $87M”
Vienna, VA-based Middleburg Communities and London-based SFO Capital Partners have jointly acquired The Baldwin, a newly built, 270-unit Class A multifamily community in Orlando, FL.
According to sources familiar with the transaction, the purchase price was $87.3 million and Berkadia represented the seller, Catalyst Development Partners/The Carlyle Groups.
09-23-2022 Multi-Housing News
“Middleburg, SFO Capital Acquire Orlando Asset”
Middleburg Communities, in a joint venture with SFO Capital Partners, has acquired The Baldwin, a 270-unit Class A community located in Orlando, Fla. According to Yardi Matrix, the buyers picked up the asset for $87.3 million, from Catalyst Development Partners.
09-22-22 Growthspotter
“Altman Companies closes on land for second class A apartment community at Vineland Pointe"
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The transaction joins other multifamily property deals that occurred in the Orlando market over the past week. The highest-priced deal involved The Baldwin, a newly-built 270-unit luxury apartment community on East Colonial Drive that sold for $87.2 million — or $323,148 per unit.
Virginia-based Middleburg Communities and SFO Capital Partners, a London-based global real estate investor and investment manager, acquired the asset from the apartment community’s developer, Atlanta-based Catalyst Development Partners. Managing Director Brett Moss, Associate Director Tyler Swidler, Senior Managing Director Matt Mitchell, and Senior Financial Analyst Bennett Hopkins of Berkadia arranged the sale of behalf of the seller.
Berkadia announces it has arranged the sale of The Baldwin, a brand new, 270-unit Class AA garden-style apartment community in Orlando, Florida. Managing Director Brett Moss, Associate Director Tyler Swidler, Senior Managing Director Matt Mitchell, and Senior Financial Analyst Bennett Hopkins of Berkadia’s Orlando and Tampa offices arranged the sale of behalf of the seller, Catalyst Development Partners. Middleburg Communities, a fully integrated multifamily development, investment, construction, and management company operating in the southeastern and mid-Atlantic United States, acquired the property.