78-Unit Apartment Community In Leesburg Fetches $8 Million
Mike Donaldson and Nick Meoli of Cushman & Wakefield represented the seller, ESO Equity Group, in the transaction.
Mike Donaldson and Nick Meoli of Cushman & Wakefield represented the seller, ESO Equity Group, in the transaction.
Shelton Granade, Luke Wickham and Justin Basquill of IPA represented the seller, Lighthouse Group, in the transaction.
The project, dubbed Crossprairie, is slated to become the front door to over 30,000 new homes in the East of Lake Toho Conceptual Master plan area.
Jay Ballard and Ken DelVillar of JLL represented the seller, JMG Realty Inc., in the transaction. The buyer was an affiliate of The ConAm Group.
Mike Donaldson and Nick Meoli of Cushman & Wakefield represented the sellers in the transaction.
Mike Donaldson and Nick Meoli of Cushman & Wakefield represented the seller, Axiom Realty Partners LLC in the transaction. Denny St. Romain, Charles Crapse and Alex Kupp of Cushman & Wakefield represented the buyer.
The team consists of Vice President Chip Wooten and Senior Associate Jeff Gray, who will both transition from within the firm’s Capital Markets team.
The buyer was Southport Financial, one of the largest affordable housing developers/owners in the nation.
The Class A, 192-unit property spans four floors over 188,316 square feet and was purchased by Nuveen Real Estate.
Rand says he is excited to help CFCAR grow and is impressed with the power brokers joining him on the 2021 board of directors.
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