Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Developer Sells Dayton-Area Apartments
Oberer Companies sold The Reserve at Monroe Crossings in the Daytona-area community of Monroe, OH for $13.6 million to an undisclosed buyer, following a competitive bidding process.
The property contains 150 apartment units and was developed by Oberer in 2004. The marketing campaign and sale were facilitated by SVN Affordable | Levental Realty, the listing broker on behalf of the seller.
“Our property management division, Oberer Management Services, has done a great job maintaining the property and growing value since our development team turned it over to them in 2004,” said Oberer Companies CEO George Oberer, Jr. “The sale of The Reserve at Monroe Crossings is in line with the strategic vision that Oberer Management Services has to maximize the return on investment for their clients.”
Connect Industrial Midwest is coming to Rosemont, IL on March 4. For more information, or to register, click here.
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition


