Friedman Brokers Set Central Florida Record with Sale of 500+ Unit New Multifamily Development
Central Florida — Friedman Real Estate’s Rich Deptula, Todd Hawley, and Peter Jankowski have successfully closed the sale of a 500+ unit newly constructed multifamily community, marking a record-setting transaction in Central Florida.
The Class A community was developed in multiple phases, with construction concluding in 2024, and achieved stabilization shortly thereafter. Featuring modern amenities, expansive green space, and a resort-style pool and clubhouse, the property attracted significant investor interest from both domestic and international buyers.
Following an extensive and highly competitive marketing campaign, the Friedman team generated over 20 qualified offers before ultimately selecting an international purchaser whose vision aligned with the long-term growth of the asset. The buyer’s business plan includes future expansion of the community, further reinforcing confidence in the market and the property’s location.
Friedman’s Deptula, Hawley, and Jankowski represented both the original developer-seller and the international purchaser, guiding the transaction from initial marketing through closing and ensuring a seamless execution for all parties involved.
“This sale underscores the continued strength of Central Florida’s multifamily fundamentals and the depth of global capital seeking stabilized, high-quality assets in growth markets,” said Rich Deptula of the Friedman team.
The transaction further solidifies Friedman Real Estate’s position as a market leader in large-scale multifamily investment sales.
