Tuesday, December 27, 2011

Hendricks & Partners Negotiates sale of apartment properties in Winter Springs,FL and Largo, FL that total more than $30 million



ORLANDO and TAMPA, FL. --- Hendricks & Partners, which ranks as one of the largest and most active multi-family investment banking and research companies in the U.S., recently negotiated the sale of apartment properties in Largo in Pinellas County and Winter Springs in Seminole County that totaled $30.6 million.

Cole Whitaker (lower left photo), partner and director of the Southeast Division of Hendricks & Partners in Orlando and Associate Partner Hal Warren negotiated the sales.

The Hendricks & Partners team negotiated the sale of Waterchase, a gated apartment community located at 401 Rosery Rd. N.E. in Largo for $14,750,000. Whitaker and Warren represented the seller, Largo Westmarc Limited Partnership.

Westdale Investment Partners, LLC acquired the 278-unit property, which was built in 1969 and renovated in 2003 on an 18.3 acre site.  Three swimming pools and fitness center are among the amenities on the property.

Whitaker and Warren negotiated the sale of Chatham Pines (middle right photo), 1020 Chatham Cr. in Winter Springs for $15,850,000 representing the seller Chatham Pines Apartments, LLC.

 Seminole-Winter Springs Associates, LLC acquired the 208-unit property, built in 1992 and renovated in 2007 on its 20.6 acre site. Amenities included a resort-style pool, fitness and business centers and children’s playground.

For more information,  contact 

Cole Whitaker, Southeast Partner, Hendricks & Partners, 407-218-8880, cwhitaker@HPAPTS.com;  

 Hal Warren, Associate Partner, Hendricks & Partners, 407-218-8881, hwarren@HPAPTS.com;  

 Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, lvershelco@aol.com  


1 comment:

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