Berkadia Negotiates Sale Of Park Place Apartments

Berkadia has negotiated the sale of Park Place Apartments, on the campus of Jacksonville State University. The three properties were sold to Hubbard Properties, of Birmingham, on December 3 for $5,075,000. Berkadia was acting on behalf of the seller, Southside Apartment Co. ServisFirst Bank, of Birmingham, secured the debt for the transaction. The property, which…

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