Okla. Multifamily Complex Goes For $77M In Record Sale

Law360, New York (May 1, 2012, 7:27 PM EDT) -- A Pennsylvania real estate investment firm bought an Oklahoma City multifamily complex from developers Gardner Tanenbaum Group on Monday for $77 million, setting a new benchmark in an area that is seeing investment interest boom, a broker for the deal told Law360.

GoldOller Real Estate Investments, a unit of Multifamily Management Services, beat out 15 other offers to scoop up the 708-unit community in a deal that tops the area's charts for largest single-asset transaction in the garden-style multifamily sector, according to Brandon Lamb of property...
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