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| Cole Whitaker |
ORLANDO, FL--- Hendricks-Berkadia Real Estate Advisors,
which ranks as one of the leading multi-family investment banking and research
companies in the nation, recently negotiated the sale of three apartment
properties in Bradenton and Orlando that total some 1,130 units and valued at
close to $62 million.
Cole Whitaker, partner who heads the Southeast
Division of Hendricks-Berkadia, negotiated all three transactions with
associate partner Hal Warren. The three sales brought $61,780,000.
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| Hal Warren |
Hendricks-Berkadia represented the seller in all three
transactions.
Whitaker and Warren negotiated the sale of Braden Lakes
Apartment Homes on 50th Avenue West in Bradenton for $14,280,000 representing
seller Situs, LLC. Lexsignia LLC
acquired the property comprising 264 units in 16 two-story garden style
buildings and a clubhouse.
Whitaker and Warren represented Situs, LLC in a second sale
of The Cornerstone Apartments with 430 units on S. Conway Rd. in Orlando for
$23 million. Robbins Property
Associates LLC, acquired the property with a total of 317,190 rentable square
feet on 27 acres.
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| Park Baldwin Apartments, Orlando, FL |
Whitaker and Warren negotiated the $24,500,000 sale of Park
Baldwin Palms at 2250 N. Semoran Blvd. in Orlando representing seller
Everglades Partners, LLC. Covenant
Capital Group, LLC acquired the property with 436 apartments situated in 38
two-story garden-style buildings on 21.8 acres.
For a complete copy of the company’s news release, please
contact:
Cole Whitaker, Southeast Partner, Hendricks-Berkadia,
407-218-8880, cwhitaker@hpapts.com;
Hal Warren, Associate Partner, Hendricks-Berkadia
407-218-8881 hwarren@HPAPTS.com;
Jason T. Stanton CCIM, Senior Investment Advisor,
Hendricks-Berkadia Direct: 727-674-4097; jstanton@hpapts.com
Larry Vershel or Beth Payan, Larry Vershel Communications
407-644 4142 Lvershelco@aol.com
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