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National  + Tennessee  + Apartments  |  July 19, 2019
David Cohen
By: David Cohen

Berkshire Residential Sells 12-Property Southeast MF Portfolio

Berkshire Residential Investments sold a 12-property multifamily portfolio totaling 3,904 units in six major U.S. metros. The sales price was undisclosed. The properties are located in Charlotte, Raleigh-Durham, Atlanta, Nashville, Dallas and Houston.

The portfolio features a mix of core, core-plus and value-add assets. Units average 922 square feet, with an average completion date of 2010. Four of the properties also include a retail component.

Matthew Lawton, Roberto Casas, Sean Deasy, Todd Marix, Bill Miller, Chris Curry, Jeff Glenn, Justin Good, Blake Rogers and Allan Lynch of JLL represented Berkshire in the transaction. The buyer was a Canadian institutional investor. The deal was secured by HFF, prior to being acquired by JLL.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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