Sale of Canton Multifamily Portfolio
Canton, OH— Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, recently completed an off-market five-property multifamily portfolio transaction comprising 99 units. Associate Drew Cerny, Senior Associate Jonah Yulish, and Senior Associate Robert Goldberg represented the seller in the transaction.
The seller, a client of Matthews™, was looking to relinquish the properties in a portfolio transaction to reallocate capital into other business ventures. The buyer was sourced through an existing relationship, who achieved their goal of adding units and building upon their Canton portfolio.
“We were able to help the seller release the properties at an opportune time in the market,” said Cerny. “Through our extensive market expertise, we were able to execute a quick transaction that aided both parties in achieving their long-term financial goals.”
“Having comprehensive market knowledge of sales and rent comparables helped us negotiate price expectations, achieving a deal that satisfied both sides,” said Yulish.
The properties are located in premier suburbs throughout the Canton Metropolitan area such as Jackson Township and North Canton.
For more information, or to contact agents, please visit www.matthews.com.
Matthews Real Estate Investments Services™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 400 agents and support staff in 15 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.
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