BERKADIA ARRANGES $21.3M SALE OF ORLANDO APARTMENT COMMUNITY

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ORLANDO, FLA. — Berkadia Real Estate Advisors has arranged the $21.3 million sale of Arbour Apartments, a 292,000-square-foot multifamily community in Orlando. The property is located at 11000-11600 MacKay Blvd., which is within walking distance of the University of Central Florida. The apartment complex has two swimming pools, lighted tennis and basketball courts, a fitness center, billiard room and two 24-hour laundry centers. Cole Whitaker and Hal Warren of Berkadia, along with Robert Hold of Hold-Thyssen Inc., represented the seller, Arbour Apartments LLC, in the transaction. The buyer was New York-based BW Arbour Apartments LLC.

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