CBRE worked on behalf of the seller, Greystar, which will continue to manage the property. The buyer, which was self-represented in the deal, also received an acquisition financing that was secured by Berkadia, a Berkshire Hathaway and Leucadia National company.
The five-building community was constructed in 2016 and includes a mix of studio, one-, two- and three-bedroom units, as well as 13 townhouses with attached garages. The communal areas include a 3,000-square-foot resident lounge with fireplace, library, pool and pool table.