Wednesday, November 4, 2015

Berkadia Closes on 172 Units in Alexander City, AL and Rainbow City, AL for $3.8 Million

Josh Jacobs
BIRMINGHAM, AL --- Berkadia, one of the nation’s largest and most active multifamily investment banking and research companies, recently negotiated the sale of the Azalea Court I & II, Sherwood Forest, Wildhaven Portfolio encompassing a total of 172 units for $3,800,000. 

The properties are located in Alexander City and Rainbow City, Ala. 

David Oakley, Partner and Josh Jacobs, Associate in Berkadia’s Alabama office negotiated the portfolio sale representing the Birmingham-based seller.

The buyer was Suit Properties, LLC, based out of Gadsden, Ala.  

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

Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

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