ORLANDO, FL – The Orlando office of CB Richard Ellis is pleased to announce that its Central Florida Multi-Housing Group closed four local apartment properties in June for approximately $67.4 million.CBRE exclusively represented the seller in all transactions, and has retained its position as the top multi-housing sales team in Orlando with 75% market share thus far in 2009.
The assets sold totaled approximately 700 units, and included two value-add opportunities built in the late 1980s, a newer community built after 2000, and a small low-income tax credit property.
The properties were marketed individually for different owners, and were purchased by three separate buyers. CBRE also has three other apartment projects currently under contract.
For further information, please contact:
Shelton Granade, First Vice President, T 407.839.3103. F 407.404.5001 shelton.granade@cbre.com
http://cbremarketing.com/ve/ZZ85Kr66u86J6599O71/stype=click/OID=70962695931647/VT=0
Luke Wickham, Director of Operations, T 407.839.3130. F 407.404.5001
luke.wickham@cbre.com
http://cbremarketing.com/ve/ZZ85Kr66u86J6599O71/stype=click/OID=60962695931847/VT=0
No comments:
Post a Comment