
Berkadia Team Closes Sale of Columbus Portfolio
Berkadia has announced the sale of a 580-unit, two-property multifamily portfolio in Columbus, OH. The sale of the 400-unit Villages at Waggoner Park and the 180-unit Residences at Eastpointe Ridge for an undisclosed sum was completed on behalf of Michigan-based Dietz Property Group and closed prior to the pandemic.
Managing Director Jason Krug, Director Carly Dietz, Senior Managing Director Kevin Dillon, Senior Director Rick Brace, Managing Director Rick Vidrio and directors Charley Henneghan and Corey Krug of Berkadia’s Great Lakes Team arranged the sale to an undisclosed buyer.
“This portfolio attracted interested buyers from coast to coast,” said Dietz. “Over 40 total tours were conducted, which resulted in 26 reputable offers being submitted. With the addition of this portfolio, our Great Lakes Team has closed over $432 million so far this year.”
For comments, questions or concerns, please contact Paul Bubny