Goldman Sachs-managed fund Buys Modera Academical Village I in Miami

Reported Sep 11, 2026 · Source: Bisnow

Source: BisnowRead the full report at Bisnow ↗

Deal details

Buyer
Goldman Sachs-managed fund
Seller
Mill Creek Residential
Price
$154.5M
Size
397 units, 689K SF
Price per unit
$389,169 per unit (our calculation)
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
Fort Lauderdale / Broward County
Metro
Miami (South Florida)
Reported date
Sep 11, 2026

Summary

An investment fund managed by Goldman Sachs bought Modera Academical Village I, a newly built 397-unit multifamily asset behind Nova Southeastern University in Davie, for $154.5M. Goldman purchased it from Mill Creek Residential for nearly $390K per unit, according to property records provided by Vizzda. The apartments were the first phase of the 793-unit Modera Academical Village development by Mill Creek Residential.

Summarized from the article; the quoted lines below are from the article itself.

Source: Bisnow

Read the full report at Bisnow. What the article says:

  • Deal / Seller / Buyer
    Goldman purchased Modera Academical Village I from Mill Creek Residential for nearly $390K per unit, according to property records provided by Vizzda.
  • Deal
    The apartments were the first phase of the 793-unit Modera Academical Village development by Mill Creek Residential.
  • Price
    An investment fund managed by Goldman Sachs snatched up a newly built, 397-unit multifamily asset behind Nova Southeastern University in Davie for $154.5M.
  • Size
    The 397-unit building near Nova Southeastern University in Davie was just delivered last year.
  • Size
    Mill Creek delivered the eight-story, 689K SF building at 3440 SW 76 Terrace last year.

Article date: 2026-09-14T20:51:32-04:00

Quick answers

Who bought Modera Academical Village I?
Goldman Sachs-managed fund bought Modera Academical Village I in Fort Lauderdale / Broward County, Miami, according to Bisnow.
How much did Modera Academical Village I sell for?
The reported price is $154.5M, per Bisnow.
How big is Modera Academical Village I?
397 units, 689K SF, as listed from the source.
When was this sale reported?
Reported Sep 11, 2026 by Bisnow.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.