JLL Capital Markets closed the $19.65-million sale of the Lakeview Apartments in Kalamazoo, MI. The JLL team worked on behalf of the seller, Property Resource Associates, to complete the sale to Bender Companies.
The JLL Capital Markets team representing the seller was led by Detroit-based senior director David Gaines and managing director Dave MacDonald, supported by director Kyle Butler, who worked closely with Ron Plichta and Tommy Bateman of Property Resource Associates.
The Lakeview Apartments consist of 280 one-, two- and three-bedroom units. All units include convenient washers and dryers, central air/heat and balconies or private patios. The community also features a playground, pet park and community barbecue area.
Located at 1928 Colgrove Ave. in the Eastwood suburb, Lakeview Apartments is adjacent to Ascension Borgess Hospital, a top area employer and affiliate of Ascension Health, the largest nonprofit healthcare system in the U.S.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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