CBRE Orlando Chalks up $216 Million in 2011 Multifamily Sales to Date

ORLANDO, FL--CB Richard Ellis is pleased to announce the sale of Berkshires at Winter Haven (top left photo).

Built in 1973, this rental community features 460 units in the Winter Haven area of Central Florida. The property was 90% occupied at closing, and features two swimming pools, a fitness center, and tennis courts.

Shelton Granade and Luke Wickham of CBRE’s Central Florida Multi-Housing Group exclusively represented the seller, and have closed over $216,000,000 in Orlando thus far in 2011 – more than the next three competitors combined.

Buyer interest in multi-housing assets in Central Florida has increased significantly.

 For further information, please contact the Central Florida Multi-Housing Group of CB Richard Ellis:

Shelton Granade,T 407.839.3103, shelton.granade@cbre.com

Luke Wickham, T 407.839.3130, luke.wickham@cbre.com