Three-building downtown apartment portfolio sells for $29M
The seller, locally based Levco Management, had purchased the buildings and their 126 units between 2015 and 2018 for a total of $18.5 million.
Source: richmondbizsense.com
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Levco buys 716-unit Chesterfield apartment complex for $106M
The purchase price for the Crystal Lakes Apartments equates to just over $148,000 per door. It last sold for $37.5 million in 2017.
Source: richmondbizsense.com
Hodges Ward Elliott Arranges Sale of Washington Park Hotel
Hodges Ward Elliott Arranges Sale of Washington Park Hotel HWE completes transaction selling 181-room hotel in Miami Beach, FL News provided by Share this article MIAMI, Feb. 23, 2021 /PRNewswire/ -- Hodges Ward Elliott ("HWE"), the premier boutique real estate capital markets advisor, arranged the sale of the Washington Park Hotel, a 181-room property located at 1050 Washington Avenue in Miami Beach, FL. An HWE team composed of Max Comess, Managing Director, Rudy Reudelhuber, Managing Director, and Alexandra Lalos, Director, represented the seller, a New York-based lender, in the trans...
Source: prnewswire.com