Acquiring Company
Broad Creek Capital
Acquired Company
The Crossing at Palm Aire
WashingtonSarasotaFinancial ServicesFinanceVenture CapitalAngel InvestmentReal EstateHospitalityDescription
Broad Creek Capital has announced the acquisition of The Crossing at Palm Aire, a 315-unit multifamily community in Sarasota, Florida. This acquisition follows the successful second close of its Multifamily Advantage Fund I. The deal was made in partnership with Hillridge Capital. Abod Capital Solutions participated as a co-limited partner in the joint venture.
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M&A Insights
Based on deal dataFrequently asked
Who acquired The Crossing at Palm Aire?
The Crossing at Palm Aire was acquired by Broad Creek Capital, based in Washington. The deal was reported on August 17, 2026. Broad Creek Capital is a private markets investment firm focused on U.S. real assets and private equity. The firm invests in multifamily housing and special situations. Broad Creek Capital is privately held and operates in Financial Services.
When did Broad Creek Capital acquire The Crossing at Palm Aire?
Broad Creek Capital's acquisition of The Crossing at Palm Aire was reported on August 17, 2026. Broad Creek Capital has announced the acquisition of The Crossing at Palm Aire, a 315-unit multifamily community in Sarasota, Florida. This acquisition follows the successful second close of its Multifamily Advantage Fund I. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does The Crossing at Palm Aire do?
The Crossing at Palm Aire is a 315-unit Class A multifamily community located in Sarasota, Florida. It offers modern amenities in a desirable location. The community is designed to provide an excellent living experience for residents. It is privately held, operating in Real Estate, and is based in Sarasota.