Dell Technologies founder buys Fort Myers rental complex
Monday Sep 18th, 2017
ShareA family investment firm formed by Michael Dell, the founder of Dell Technologies, partnered with another firm to buy an apartment complex in Fort Myers for $66 million. In late August, the Dell family’s MSD Capital L.P. and Los Angeles-based TruAmerica Multifamily acquired the 640-unit apartment complex, called Sienna at Vista Lake, for $103,125 per unit. Matthew Ferrari, director of East Coast acquisitions for TruAmerica, told the Business Observer that the $66 million... [read more]