Berkadia announced the sale of Vida Lakewood Ranch, a 2023-built, class AA institutional-quality apartment asset with 304 units located in Lakewood Ranch, a top-selling master-planned community in Bradenton, Fla.
Along with Berkadia Central & North Florida, the transaction was led on behalf of the builder and seller, Zilber Residential Group of Milwaukee. Zilber Residential Group constructs, owns and manages multifamily communities in Wisconsin, Florida, Arizona and California. An undisclosed investor acquired the property for $92.1 million.
Located at 11109 Vida Circle, the two-story, garden-style apartment community features bright and efficiently designed one- and two-bedroom floorplans ranging from 773 to 1,103 square feet. Individual apartments offer modern kitchens with quartz countertops and stainless steel appliances, luxury vinyl plank flooring, spacious walk-in closets, keyless entry, washer/dryer and screened-in balconies/patios. Community amenities incl