Thursday, November 1, 2012

Hendricks & Partners Negotiates Sale of Lakeshore Gardens Apartments in Homewood, AL


David Oakley

 BIRMINGHAM, AL--- Hendricks & Partners, one of the nation’s largest and most active multifamily investment banking and research companies, recently negotiated the sale of the Lakeshore Gardens Apartments, a 220-unit apartment community located in Homewood.

David Oakley, senior investment advisor of the Hendricks & Partners Alabama office negotiated the sale representing the seller, Brentwood, LLC / JS Group, LLC / WB Real Estates, LLC / SYL, LLC, all Alabama limited liability companies, based in Birmingham.

Lakeshore Gardens, built in 1965, has a total of 204,304 square feet of rentable living space with two and three bedroom apartments. 

The buyer was LPG Holdings, LLC, an Alabama limited liability company, based in Birmingham.

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.





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