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| Joshua Jacobs |
Birmingham, AL ---
Berkadia, one of the nation’s largest and most active multi-family investment
sales companies, recently negotiated the sale of the 116-unit Villa Glen Apartments for $4,150,000,
or $35,775 per unit.
Joshua Jacobs,
investment sales advisor at Berkadia’s Birmingham office, along with David Oakley, partner in the firm,
negotiated the transaction representing the local seller Villa Glen, LLC.
The Adcock Group, based in
Hattiesburg, Mississippi, acquired the property, which is located at 900 N.
Division St. in Bessemer, 18 miles southwest of Birmingham.
Berkadia, a joint venture
of Berkshire Hathaway and Leucadia National Corporation, is an industry leading
commercial real estate company providing comprehensive capital solutions and
investment sales advisory and research services for multifamily and commercial
properties.
For a complete copy of the company’s news release,
please contact:
Larry Vershel or Beth
Payan, Larry Vershel Communications 407-644-4142 lvershelco@aol.com
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