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Goldman Sachs acquires Modera Academical Village I

PRIVATESep 15, 20261 day ago

Acquiring Company

Goldman Sachs

Acquired Company

Mill Creek Residential

New YorkBoca RatonFinancial ServicesFinanceFintechLendingBankingReal EstateHospitalityProperty ManagementVacation Rental

Description

Goldman Sachs has acquired the newly built Modera Academical Village I, a 397-unit multifamily asset in Davie, Florida, for $154.5 million. The property was purchased from Mill Creek Residential for nearly $390,000 per unit. This acquisition highlights Goldman Sachs' continued investment in multifamily residential developments. Mill Creek's project is part of a larger development that includes additional units planned for the future.

Company Information

Company

Goldman Sachs

Location

New York, United States

About

Goldman Sachs is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world. Press related questions about Voyce, please contact Ryan Wagner at ryan.wagner@ogilvy.com Press related questions about the Summit or Goldman Sachs, please contact Sophia Anthony at Sophia.Anthony@gs.com. SOURCE Voyce

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
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Frequently asked

Who acquired Mill Creek Residential?

Mill Creek Residential was acquired by Goldman Sachs, based in New York. The deal was reported on September 15, 2026. Goldman Sachs is privately held and operates in Financial Services.

When did Goldman Sachs acquire Mill Creek Residential?

Goldman Sachs's acquisition of Mill Creek Residential was reported on September 15, 2026. Goldman Sachs has acquired the newly built Modera Academical Village I, a 397-unit multifamily asset in Davie, Florida, for $154.5 million. The property was purchased from Mill Creek Residential for nearly $390,000 per unit. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Mill Creek Residential do?

Mill Creek Residential Trust LLC is a national rental housing company focused on the development, acquisition, and operation of rental communities in targeted markets nationwide. It is privately held, operating in Real Estate, and is based in Boca Raton.

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