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Announced

Completed

Venterra Realty completed the acquisition of Avasa Hammock Landing Community.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Cross Border

Majority

Friendly

Real Estate

Single Bidder

Private

Completed

multi-family community

United States

Real Estate Holding and Development

Synopsis

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Venterra Realty, a real estate development company, completed the acquisition of Avasa Hammock Landing Communi, a 300-unit multi-family community located in West Melbourne, Florida. Financial terms were not disclosed. "We have seen excellent growth in the Florida Market, and are excited to expand our portfolio with Avasa Hammock Landing as our second property in the West Melbourne area," John Foresi, Venterra Realty CEO.

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