Dowd Properties and Hendricks & Partners Negotiate Sale of 208 acres in New Smyrna Beach, FL

ORLANDO, FL --- Dowd Properties based in Celebration, and Hendricks & Partners which ranks as one of the leading multi-family investment banking and research companies in the nation, recently negotiated the sale of The Preserve at Sugar Mill in New Smyrna Beach for $595,000.00.

Cole Whitaker, partner who heads Hendricks & Partners in the Southeast and Jim Dowd of Dowd Properties negotiated the sale of the a 208-acre residential development parcel  representing the seller Capstone Resdev, LLC. The buyer is Elbert Land Company, LLC.

Cole Whitaker

For more information, contact:

Cole Whitaker, Southeast Partner, Hendricks & Partners, 407-218-8880, cwhitaker@hpapts.com;

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

Hendricks & Partners Negotiates Sale of Cypress Gardens Apartments in Hoover, AL for $5 Million

Cypress Gardens Apts., Hoover, AL

BIRMINGHAM, AL--- Hendricks & Partners, one of the nation’s largest and most active multifamily investment banking and research companies, recently negotiated the sale of Cypress Gardens Apartments, a 150-unit apartment community located in Hoover, Ala. for $5 million.

David Oakley, senior investment advisor of Hendricks & Partners Alabama office negotiated the sale representing the seller, Georgetown Investments, LLC, an Alabama limited liability company, based in Birmingham.

Cypress Gardens, built in 1972 and renovated in 2011-2012, has a total of 148,228 square feet of rentable living space with one, two and three bedroom apartments.

The buyer was Cypress United LLC, based out of Florida.

 For more information, contact:

David Oakley, Senior Investment Advisor, Hendricks & Partners - Alabama, 205-918-0785, doakley@hpapts.com. 

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