Hendricks-Berkadia Negotiates Sale of Two Apartment Properties In Daytona Beach For $2.4 Million

Orlando, Fla. --- Hendricks-Berkadia Apartment Real Estate Advisors, which ranks as one of the leading multi-family investment banking and research companies in the nation, recently negotiated the sale of Colonial Lane apartments and Palm Garden apartments in Daytona Beach for $2.4 million. Cole Whitaker, partner who heads Hendricks-Berkadia in the Southeast, negotiated both sales with senior vice president Hal Warren and vice president Jason Stanton representing the seller, VFC Properties 9 LLC. Hogan Assets LLC, who was represented by Lauren Nasser of Arthur Kowitz Realty, acquired both properties which together consist of 92 units in two-story, garden-style buildings located in close proximity to the beach. Colonial Lane is located at 1140 S. Ridgewood Ave. and Palm Garden at 1834 S. Segrave St.