Cushman & Wakefield has brokered the $7.6 million sale of three apartment communities totaling 148 units in Mobile, AL.
The properties included Arbor Pointe, a 56-unit apartment community located at 100 Dairy Road; Bird’s Nest, a 32-unit apartment community located at 2901 Pleasant Valley Road and Retreat at Pleasant Valley, a 60-unit apartment community located at 2904 Pleasant Valley Road.
Parker Caldwell, Craig Hey and Elizabeth Ming of Cushman & Wakefield represented the seller, Bretwood, in the transaction. Private equity firm Greenlight Capital and Lighthalzen acquired the properties.
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.