Wednesday, February 5, 2014

Hendricks-Berkadia Negotiates Sale of Two Apartment Properties In Daytona Beach, FL For $2.4 Million


Orlando, FL --- Hendricks-Berkadia Apartment Real Estate Advisors, which ranks as one of the leading multi-family investment banking and research companies in the nation, recently negotiated the sale of Colonial Lane apartments and Palm Garden apartments in Daytona Beach for $2.4 million.

Cole Whitaker, partner who heads Hendricks-Berkadia in the Southeast, negotiated both sales with senior vice president Hal Warren and vice president Jason Stanton representing the seller, VFC Properties 9 LLC.

Hogan Assets LLC, who was represented by Lauren Nasser of Arthur Kowitz Realty, acquired both properties which together consist of 92 units in two-story, garden-style buildings located in close proximity to the beach.   

Colonial Lane is located at 1140 S. Ridgewood Ave. and Palm Garden at 1834 S. Segrave St.

 For a complete copy of the company’s news release, please contact:


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

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