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September 26, 2007 -
Upstate New York
Pyramid Investment Properties Group brokered the sale of a 13-property, 602-unit apartment portfolio for $14.7 million. Kevin Besser, CCIM, executive director of Pyramid, represented the seller BRT, LLC and Maureen DeJure Wilson, CCIM, SIOR, president of the Binghamton office of Pyramid represented the buyer, Coolidge Equities, LTD.
The properties consist of Glendale Apartments, Hillside Court, Dudley Court, Barteau Apartments, JFK Garden Apartments, 58 Floral Apartments, 85 Floral Apartments, Orton Apartments, Helen Apartments, Arthur St. Apartments, Penn Manor, Guilfoyle Apartments, Webster Court, 273 Riverside Dr. located in Endicott, Endwell, Johnson City, and Binghamton.
Pyramid Investment Properties is an experienced market leader focused on the acquisition and disposition of commercial investment-grade properties. As a division of Pyramid Brokerage Co., Pyramid Investment Properties is backed by over three decades of expertise and the strength of a large, full service real estate organization with nine regional offices located in upstate, New York and global resources. Pyramid Brokerage Co. is one of upstate New York's exclusive member of the Cushman & Wakefield Alliance.