ORLANDO, Fla. — Berkadia, one of the nation’s largest and most active multifamily investment banking and research companies, recently negotiated a $23,325,000 cash sale for Columns at Winter Springs at 1020 Chatham Pines Circle in the robust Winter Springs/Casselberry/Oviedo submarket.
Berkadia’s Senior Directors Hal Warren and Jason Stanton, along with Managing Director Cole Whitaker, negotiated the transaction representing the Seller, Seminole-Winter Springs Associates LLC based in Atlanta.
Nashville-based Winter Springs Multifamily Partners, LLC purchased the property consisting of 208 one, two and three-bedroom apartments on a 16+ acre park-like setting with lake views.
Columns at Winter Springs, built in 1991-1992, was 95 percent occupied at the time of the sale.
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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. Berkadia is amongst the largest, highest rated and most respected primary, master and special servicers in the industry.