Tuesday, February 18, 2014

Multi Housing Advisors Brokers $18.5 Million Sale of 240-Unit Apartment Community in Anderson, S.C.



Walden Oaks Apartments, Anderson, SC


Jordan McCarley

ANDERSON, S.C. (Feb. 18, 2014) — Multi Housing Advisors (MHA) has brokered the $18.5 million sale of Walden Oaks, a 240-unit apartment community in Anderson, S.C.

Jordan McCarley and Marc Robinson of MHA represented the seller, Hathaway Development Partners, and were the only brokers involved in the deal. Chartwell Holdings purchased the community, which was built in 2007.

“The Walden Oaks sale was highly competitive process and shows that the multifamily investment market remains very strong as we move in to 2014. 

“An attractive debt and equity environment combined with strong operating performance is resulting in significant investor demand for multi-family assets in the southeast,” McCarley said. “We anticipate investor activity and pricing to remain high in 2014 as lenders continue to re-enter the market.” 


Marc Robinson
 MHA has several other properties on the market in South Carolina: the 92-unit Springbrook in Anderson; a portfolio of 274 units in Spartanburg that includes the 98-unit Magnolia Townhomes and the 176-unit The Corners; and the 246-unit Century Forest in Greenville.

 MHA has targeted the Carolinas as markets for growth. In 2013, MHA expanded its Charlotte, N.C., office and intends to open additional offices in the South.

 MHA enjoys a total sales transaction volume that has surpassed $2.7 billion, representing more than 83,000 units and more than 500 individual transactions. MHA serves local, regional and national clients and has become known for its effective multi-office platform, excellent transaction history and rapid growth.




For a complete copy of the company’s news release, please contact:

Stephen Ursery
The Wilbert Group
404-549-7150 (O) 404-405-2354 (C)


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