This 270-unit property came online last year.
Goldman Sachs has paid $94 million for Addison Square, a 270-unit, Class A multifamily property in Viera, Fla., according to Yardi Matrix. This amounted to $348,148 per unit.
The seller is PAC Land Development, which completed the property last year using funds from a $49.1 million loan originated by Synovus Bank.
Goldman Sachs’ multifamily portfolio consists of 41 properties nationally, encompassing 10,783 units, Yardi Matrix data shows. In Florida, the company owns two more communities: 5 Thousand Town by ARIUM in Jacksonville and the 16-story Nine15 in Tampa, which has 362 apartments…