Thursday, July 12, 2012

Hendricks & Partners Negotiates Sale of Mallards of Brandywine Apartments in DeLand, FL for $7.75 Million


 DeLand, FL --  Hendricks & Partners, one of the nation’s largest and most active multi-family investment banking and research companies, recently negotiated the sale of the Mallards of Brandywine, a 168-unit apartment property located in DeLand, for $7.75 million.

Cole Whitaker (top right photo), partner and director of the Southeast Division of Hendricks & Partners and associate partner Hal Warren (lower left photo) in Orlando negotiated the sale representing the seller, CFLP Mallards, LLC.

The Mallards of Brandywine built in 1985 and renovated in 2006 has a total of 136,600 square feet of rentable living space with one and two bedroom apartments.

The buyer was a private investment group.

For more information, contact:

Cole Whitaker, Southeast Partner, Hendricks & Partners, 407-218-8880, cwhitaker@hpapts.com;  
Hal Warren, Associate Partner, Hendricks & Partners, 407-218-8881, hwarren@hpapts.com; 
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 lvershelco@aol.com.

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