crefeed.com | AIMCO sheds Cincinnati multi-family

3/4/2008

AIMCO sheds Cincinnati multi-family

Ms. Corson

Berkshire Realty Group has acquired the Hunter's Creek Apartments in the Cincinnati suburb of Blue Ash, Ohio from Denver, Colo.-based AIMCO.

Debbie Corson of Apartment Realty Advisors represented AIMCO in the transaction.

Built in 1980, Hunter's Creek is situated on 13.2 acres at 9231 Hunters Creek Drive, about ten miles north of Cincinnati's central business district. The 146-unit complex was 98 percent occupied at the time of sale.

Corson is a principal with ARA and is the former owner of Corson & Associates. She merged the company with ARA in 1990. She is a former employee of The Tipton Group, Inc. where she was an executive VP and partner in the firm.

The Apartment Investment and Management Company (AIMCO) is the nation's largest owner and operator of apartment communities with operations in 47 states.

Berkshire Realty Group owns and manages apartment communities in Ohio, Kentucky and Indiana.

Address: 9231 Hunters Creek Drive, Blue Ash, Ohio

Size: 146 units

Built: 1980

Filed Under: Multi-Family

E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us

Comments on this article

No comments have been posted in the last 15 days!

Send us your comments on this article

crefeed.com -- Related Headlines

GPX Realty completes improvements at PA apartments - 1/1/2009
Blue Rock Village multi-family sells for $54.4M - 12/31/2008
Hendricks & Partners sells Denver multi-family - 12/29/2008
Connecticut gated community fetches $10.6M - 12/29/2008
Hendricks & Partners sells Newport Beach apartments for $1.55M - 12/26/2008
Aurora multi-family sells for $15.1M - 12/26/2008
Clearwater apartments bring nearly $7M - 12/26/2008
Four St. Louis-area properties sold - 12/18/2008
122-unit townhome community near Dallas sold - 12/18/2008
NAI closes two-year Tampa Bay apartment deal - 12/16/2008