Sunday, February 14, 2016

Berkadia Closes on 220 Apartment Units in Hoover, AL

David Oakley
 BIRMINGHAM, AL--- Berkadia recently negotiated the sale of Waterford Landing, a 220-unit apartment community located in Hoover.  Built in 1990, Waterford Landing is a three-story, garden-style community with an average unit size of 999 square feet.

David Oakley, Managing Director, and Royce Emerson, Senior Director of Berkadia Real Estate Advisors, LLC represented the seller, Waterford Landing 2012, LLC. The purchaser was FPA/WC Waterford, 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 or Larry Vershel, Larry Vershel Communications, Inc.  407-644-4142


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