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Miami-based Tzadik Properties, LLC Expands South Dakota Portfolio, Closes on Three Properties Totaling More than $21 Million

Photo Courtesy of Tzadik Properties, LLC Michael Davalos, Executive Vice President and Head of Acquisitions for Tzadik, worked on capital raising and placed the deals under contract. Lucas Grassano, Vice President of Finance for Tzadik, spearheaded the financing, and Tessa Frank, Regional Vice President of the Midwest for Tzadik, organized the operations to manage Estates in the Black Hills. Vista Lodge, located in Lead, SD, closed for $1.3 million on Feb. 25, 2021. The vast 6.6-acre property includes seven bedrooms and four bathrooms. This most recent acquisition is the third short-term rental property on Tzadik Properties, LLC s portfolio. The purchase is financed by Bank of England.

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