Hendricks & Partners is pleased to announce the sale of Townhomes of Meadowbrook, located at 2582 Davison in Auburn Hills, Mich.

The 230-unit apartment community was sold for $15.2 million.

The seller was EQR-Townhomes of Meadowbrook LLC of Chicago.

The buyer was BR Meadowbrook LLC of New York, N.Y. This is the buyer’s first apartment acquisition in the Detroit market. Its goal is to make strategic capital improvements and sell the townhomes as condominiums. 

Kevin Dillon and Jason Talbot of the Detroit office of Hendricks & Partners negotiated the transaction.

Hendricks & Partners is a national advisory firm focused exclusively on the sale of multifamily properties.


What’s your opinion? Send your Letter to the Editor to newsroom@inman.com.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
Refer friends to Select and get $200 in credit.Register Here×
Connect Now is less than one week away. Prices go up May 30.Reserve your seat today.×