Thursday, April 21, 2011

Hendricks & Partners negotiates sale of 444-unit Pine Hills Apartment Property in Orlando for $5.5 million

ORLANDO, FL --- Hendricks & Partners, the nation’s leading multi-family property advisory group, recently negotiated the sale of Seville Place Apartments at 3124 N. Pine Hills Rd. in Orlando.

 Cole Whitaker, partner at Hendricks & Partners, who heads the firm’s southeast region, said Associate Partner Hal Warren negotiated the sales transaction.  Bob Hold of Hold Thyssen of Winter Park acted as Receiver for Seville Place Apartments.

 Seville Place Holdings, LTD of Orlando paid $5.5 million to acquire the 444-unit property.

 Built in 1973, Seville Place features five swimming pools, a playground, basketball and tennis courts, seven laundry facilities, car care center and a community clubhouse.

For more information,  contact:  
Hal Warren, Associate Partner, Hendricks & Partners, 407-218-8881,
Cole Whitaker, Southeast Partner, Hendricks & Partners, 407-218-8880,
Larry Vershel, Larry Vershel Communications, 407-644-4142 or 407-461-3780,

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