RESSCO Acquires 2nd Village Green Asset : Village on the Park
Southfield, MI, April 10th, 2018 – RESSCO, a privately held real estate investment company, based in Southfield, MI. is pleased to announce the purchase of the Village on the Park Apartments located in Southgate, MI.
RESSCO closed on the 358‐unit apartment community on February 28th, 2018. Berkadia’s Southfield Office brokered the transaction. “RESSCO’s track record preceded it’s offer on the property,” commented Dillon, Managing Director at Berkadia. “The sellers were eager to work with RESSCO because RESSCO has closed so many similar sized deals.” said Dillon.
Village on the Park has an accommodating unit mix of Studio, 1 Bedroom, and 2 Bedroom apartment units. Amenities include Children’s Play Area, Gated Access, Sundeck, Swimming Pool, and a Wooded Setting. The property is located a quarter mile away from I‐75 which connects the property to the entire region.
About RESSCO
Real Estate Service Solutions Company (RESSCO) is a full service commercial real estate company that specializes in multifamily real estate. RESSCO offers a wide array of services that include property management, construction management, development and private placement investments. Multifamily real estate has unique challenges and RESSCO’s specialized skill set allows it to deliver a level of expertise that is unsurpassed in the industry.
RESSCO works with private investors, institutional investors, lending institutions, REO managers, municipalities, officers of the court, and property owners.
RESSCO’s management team has more than 50 years of combined experience involving multi‐million dollar real estate transactions, equity investments and development/construction projects.
For more information, visit www.ressco.com.
RESSCO
Real Estate Service Solutions Company
(248) 440-1888
26711 Northwestern Hwy, Suite 175
Southfield, MI 48033