June 10, 2019 Comments Off on Berkadia Arranges $24M Sale of North Carolina MF Property Views: 256 Atlanta News, Southeast Atlanta

Berkadia Arranges $24M Sale of North Carolina MF Property

Berkadia has arranged the $24-million sale of Hawthorne at Forestdale, a 234-unit, garden-style apartment community in Burlington, NC. Located at 3551 Forestdale Dr., the property features studio, one-, two- and three-bedroom floor plans, as well as walk-in closets, modern finishes and private patios.

Amenities include a saltwater pool with sundeck, playground, café, community pond, on-site laundry facilities, a 24-hour fitness center and dog park.

Mark Boyce and Blake Coffey of Berkadia’s Carolinas’ office represented the Alabama-based seller in the transaction. Richard Levine of Berkadia’s Atlanta office secured a Fannie Mae loan on behalf of the Texas-based buyer.

To stay connected with multifamily news and trends, we invite you to attend Connect Apartments at the JW Marriott in Los Angeles June 20, 2019.

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