NorthEnd Equities Purchases 400-Unit Multifamily Community in Tampa
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NorthEnd Equities LLC, a commercial real estate firm based out of New York City, acquired the 400-unit Hanley Place apartments at 7315 W. Hanna Ave. in Tampa, FL from Axonic Properties for $ 42.15 million, or about $ 105,000 per unit. “Hanley Place is a stabilized asset with high historical occupancy,” says Michael Regan, senior managing director of Marcus & Millichap, which brokered the sale. “The property will provide new ownership with in-place…
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