ACQUIRES 569-UNIT APARTMENT COMPLEX IN HOUSTON

Lee & Associates South Florida Principals, Matthew Jacocks and Seth Denison, Represent Miami-Based GDF Properties with Acquisition of 569-Unit Apartment Complex in Houston Texas

MIAMI, Florida—October 1, 2021 – Lee & Associates South Florida announces another significant closing for Miami-based GDF Properties with the acquisition of Holly Hall Apartments in Houston, Texas. The 569-unit multifamily property located at 2111 Holly Hall Street in Houston closed on September 21, 2021 sold by Harbert Management Corporation FEICA/Holly Hall LLC to GDF Properties who has actively been expanding their portfolio after another recent announcement just this year of a $17MM Broward Multifamily Portfolio acquisition including 29 buildings in Hallandale Beach, Dania Beach, Hollywood and Fort Lauderdale.

Lee & Associates South Florida Principal, Matthew Jacocks, represented GDF Properties in the transaction, and Lee & Associates South Florida Principal, Seth Denison, facilitated the finance structuring and placement for the deal.

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