NKF Arranges $44.1M Sale Of Multifamily Community In Orlando

Mar 02, 2020 No Comments by

Newmark Knight Frank (NKF) has arranged the $44.1 million sale of Parke East, a 272-unit multifamily community in Orlando.

Built in 1987, the property offers one-, two- and three-bedroom floor plans and was 94 percent occupied at the time of sale.

The seller, Insula Cos., recently renovated the community. Amenities include a clubhouse, cyber café, fitness center, two pools, dog park and a basketball court.

Scott Ramsey and Patrick Dufour of NKF represented the seller in the transaction. Mitch Clarfield and Ryan Greer, also with NKF, originated a Freddie Mac acquisition loan on behalf of the undisclosed borrower.

 

Source:  RE Business

————————-

Get the latest industry news and information from CRE-sources delivered right to your email inbox!
And we promise…no more than one email each morning.

CLICK HERE TO SUBSCRIBE TODAY!

 

 

 

 

 

Go Ahead...Share!
  • email
  • Facebook
  • LinkedIn
  • Twitter
  • Add to favorites
  • Print
Industry News, Multi-Family, NA
No Responses to “NKF Arranges $44.1M Sale Of Multifamily Community In Orlando”

Leave a Reply