TRANSWESTERN BROKERS $72 MILLION SALE

FORESTVILLE AND CHEVERLY, MD. — Transwestern's Bethesda, Md.-based Mid-Atlantic Multifamily Group, led by Dean Sigmon and Robin Williams, has arranged the sale of the four-property, 1,107-unit United Investors Portfolio for $72 million. The properties include the 404-unit Pennbrooke Terrace and the 147-unit Valleybrook Apartments in Forestville, and the 366-unit Cheverly Terrace and the 190-unit Hanson Arms in Cheverly. Transwestern represented the seller, United Investors Management Corp. The buyer was a joint venture between Foulger-Pratt Cos. and DLJ Real Estate Capital Partners, with DLJ providing equity capital for the transaction.