News:
Brokerage
Posted: January 5, 2021
Brody of Rosewood brokers $42 million sale of Washington DC multifamily portfolio
Washington DC Rosewood Realty Group’s National Division has closed on yet another deal, this time in Washington D.C.
Jonathan Brody, president of national investment sales of Rosewood Realty Group’s National Division, facilitated the sale of the $42 million multifamily portfolio. He represented both the buyer and seller in this off-market transaction, which consisted of two apartment buildings totaling 150 units.
“The buyer of this transaction are value add, long term holders which is exactly what these properties possessed.” said Brody. “In just 10 months we have successfully closed on $430 million of real estate in various states with our off-market approach.”
Since the formation of Rosewood’s National Investment Sales Team in February of 2020, the division, led by Aaron Jungreis and Jonathan Brody, has completed in sales in Georgia, Texas, Connecticut, and Maryland.This marks the third deal Rosewood closed this month, each of which in a different state.
Tags:
Brokerage
MORE FROM Brokerage
Marcus & Millichap brokers $2.8 million sale of free-market mixed-use property in Brooklyn
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
 (2).gif)
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Positive forecast for New York’s pro-housing push? - by Philip Butler
New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
A guide to finding the right NYC property management company - by Sanjay Gandhi
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
.gif)
September Promotion
