Berkadia recently announced the arrangement of the sale of Alta East Shore, a brand new, 285-unit, luxury garden-style community in the Orlando area suburb of Apopka, Fla.
The property was marketed on behalf of the seller, Atlanta-based Wood Partners, one of the nation’s largest multifamily real estate developers, by Berkadia Orlando’s Brett Moss, managing director; Matt Wilcox, managing director; and Tyler Swidler, associate director. RK Properties, a national multifamily owner and operator with assets across the Southeast, acquired the property.
“We continue to be impressed with the exceptional performance and lease-up metrics we are witnessing on new multifamily developments like Alta East Shore, that are situated in perceived ‘second’ or ‘third’ rung suburban locations in Central Florida,” says Moss. “We commend Wood Partners for having the strategic foresight in recognizing these types of population and demographic shifts that are playing out an
