Berkadia Closes on 116 Unit Apartment Community in Hoover, AL

 

David Oakley

BIRMINGHAM, AL --- Berkadia recently negotiated the sale of Chapel Park, a 116-unit apartment community located in Hoover at 3409 Pimm Lane.   The three-story, garden-style apartments were built in 1972.

David Oakley, managing director, of Berkadia Real Estate Advisors, LLC represented the buyer, FPA Chapel-Northridge, LLC, and Engel Realty Company represented the seller, Chapel Park Apartments, LLC. 

Berkadia, a joint venture of Berkshire Hathaway and Leucadia National Corporation, is an industry-leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties

 

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

Beth Payan Larry Vershel Communications, 407-644 4142 or 407-461 3781 lvershelco@aol.com.