RESSCO Acquires 506 Additional Apartment Units in Toledo, OH
Southfield, MI, February 15th, 2019 – RESSCO, a privately held real estate investment company, based in Southfield, Michigan. is pleased to announce the acquisition of Spring Hollow Apartments located in Toledo, OH.
RESSCO closed on the 506-unit apartment community on February 6, 2019. Berkadia’s Southfield Office brokered the transaction. “Being one of the leading apartment owners in this market, RESSCO delivered again by closing in 45 days,” commented Kevin Dillon, Managing Director at Berkadia.
Spring Hollow Apartments has an unrivaled two and three bedroom townhouse unit mix, 128 are villa style townhome units with fireplaces and attached garages. RESSCO plans to revitalize and enhance this community, which already offers several amenities including in-unit washers and dryers, in-unit fireplaces, individual entries, and attached garages. The property is well located near Interstate 475/US 23 and the Airport Hwy interchange.
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 range of services that includes property management, construction management, project 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 experience involving 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