Hendricks & Partners Negotiates Sale of Lakeshore Gardens Apartments in Homewood

BIRMINGHAM, Ala. --- Hendricks & Partners, one of the nation’s largest and most active multifamily investment banking and research companies, recently negotiated the sale of the Lakeshore Gardens Apartments, a 220-unit apartment community located in Homewood. David Oakley, senior investment advisor of the Hendricks & Partners Alabama office negotiated the sale representing the seller, Brentwood, LLC / JS Group, LLC / WB Real Estates, LLC / SYL, LLC, all Alabama limited liability companies, based in Birmingham. Lakeshore Gardens, built in 1965, has a total of 204,304 square feet of rentable living space with two and three bedroom apartments. The buyer was LPG Holdings, LLC, an Alabama limited liability company, based in Birmingham.