Hendricks – Berkadia Negotiates Sale of Autumn Wood Apartments in Hoover, Ala. for $8,500,000

BIRMINGHAM, Ala. --- Hendricks - Berkadia, one of the nation’s largest and most active multifamily investment banking and research companies, recently negotiated the sale of Autumn Wood Apartments, a 206-unit apartment community located in Hoover, Ala., for $8.5 million. David Oakley, senior vice president of Hendricks – Berkadia’s Alabama office, negotiated the sale representing the buyer, RRE Autumn Wood Holdings, based in Philadelphia. Tom Hinton of Hinton Investments, represented the seller, 1000 Autumnwood LLC, based in New York. Autumn Wood, built in 1986, has a total of 180,400 square feet of rentable living space with one- and two-bedroom apartments.