REBusinessOnline

Merion Realty Partners Sells 231-Unit Multifamily Property in Wilmington, Delaware

WILMINGTON, DEL. — Merion Realty Partners has completed the sale of 1303 Delaware Apartment Homes, a multifamily property located in the Trolley Square neighborhood of Wilmington. Capano Residential purchased the property free and clear of debt for an undisclosed price. Mark Thomson, Carl Fiebeg and Francis Coyne of HFF represented the seller in the deal. The property consists of 231 studio, one-, two- and three-bedroom apartments averaging 928 square feet. Additionally, James Conley of HFF arranged a fixed-rate Fannie Mae acquisition loan for the buyer.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter
Conferences


Webinars on Demand


Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties