Tuesday, June 2, 2009

CBRE Orlando Sells Studio Concord in Orlando, FL


ORLANDO, FL--CB Richard Ellis is pleased to announce the recent sale of the Studio Concord apartments in downtown Orlando. The property is in the Low-Income Housing Tax Credit (LIHTC) program, and consists of 26 600-SF efficiencies that were built in 1974.

Luke Wickham (top left photo), Shelton Granade (top right photo), Tom Fischer (bottom right photo), and Sam Merkle (bottom left photo) of CBRE exclusively represented the seller, Concord Apartment Partners LP out of Denver.
Wickham, who handles the Private Client Group efforts for CBRE's Central Florida Multi-Housing Group, served as the lead broker on the transaction.

"This was an excellent opportunity for the buyer to expand their operations in the downtown Orlando market," said Wickham. "And the Parramore neighborhood will only get better with the new Events Center currently under construction."

For further information, please contact:

Central Florida Multi-Housing Group of CB Richard Ellis
Shelton Granade, First Vice President, 407.839.3103, shelton.granade@cbre.com


Luke Wickham, Director of Operations, 407.839.3130, mailto:407.839.3130luke.wickham@cbre.com

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