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Multistate Deal Required Military-Style Precision

TOP DEALMAKERS 2016 MULTIFAMILY—WINNER

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Angelo & Banta, P.A.

In the end, coordinating the closing of a record-setting, multistate, 4,200-unit rental home deal took the precision of a military campaign—at a lightning pace.
The $402 million transaction was identified as the “industry’s largest bulk purchase” in 2015.

“I led the negotiations on the contract and Gavin [Banta] helped me put the team together, in terms of the implementation of and the coordination with the various local counsel,” Angelo said. “It was quite a challenge, but it was fun. A lot of fun.”
Ultimately, he said, “it’s all about organization.”

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