Wednesday, January 7, 2015

Berkadia Closes on 60 Unit Autumn Brook Apartments for $2,650,000

BIRMINGHAM, Ala. --- Berkadia, one of the nation’s largest and most active multifamily investment banking and research companies, recently negotiated the sale of Autumn Brook, a 60-unit apartment community located in Hueytown, Ala. for $2,650,000. David Oakley, Partner, William Parkhurst, Associate, and Josh Jacobs, Associate, in Berkadia’s Alabama office, negotiated the sale, representing the seller, Autumn Brooke Apartments, LLC. Built in 1993, Autumn Brook is a garden-style, two-story community situated on approximately 2.79 acres of land with a density of 21.5 units per acre and an average unit size of 1,073 square feet. The buyer was Autumn Brook Partners LLC, based in Birmingham.

Berkadia Negotiates $1.5 Million Price in Sale of 486-Acre Site in Brevard County

ORLANDO, Fla. --- Berkadia recently negotiated a $1.5 million sale price for a 486-acre site west of Centerlane Road in Palm Bay, Brevard County. Cole Whitaker, Florida Partner for Berkadia, negotiated the sale representing the seller, Capstone Resdev, LLC. The buyer is ZP23, LLC.

Exam Plus in Winter Springs featured on Telemundo Orlando News Special Series

WINTER SPRINGS, Fla. -- Exam Plus, which provides administration of drug and alcohol testing programs for employers, governmental and law enforcement agencies, was recently featured on the Telemundo Orlando News special series “Enmienda 2, ¿Si o No?” (Amendment 2, Yes or No?). Jose Batista, president and chief executive officer of Exam Plus, said Telemundo Orlando news interviewed several professionals, spokespersons against and in favor of the amendment and people from the community about how drugs are affecting the society, business and the potential effects of legalizing marijuana in Florida. A recording of the 2-part interview can be found at https://www.youtube.com/watch?v=_8WJN00LncU and https://www.youtube.com/watch?v=iECYPdPQaLo Late last year, Batista appeared on Rumba 100.3 FM, La EstaciĆ³n del Pueblo 1160 AM and 1270 AM, La Voz 1440 AM radio shows to talk about the medical marijuana initiative in Florida. “Establishing a drug policy and providing it to employees is critical in preventing any issues that could arise as a result of law changes. Medical Marijuana is a subject that could affect business rules and regulations, including the Drug Free Workplace Program Florida Statutes 440.102,” Batista said. Medical marijuana legalization appeared on the ballot in Florida in November. Exam Plus, a University of Central Florida Business Incubation Program company located in Winter Springs, opened three years ago and is a member of the Drug and Alcohol Testing Industry Association and the Substance Abuse Program Administrators Association.