Family trust dumps massive apartment complex

Property comprises nearly 1,500 units

Don't miss the real estate event of the summer
Join 4,000 real estate pros at Connect SF, Aug 7‑11, 2017

Hendricks & Partners negotiated the sale of Castle Point/Park Jefferson, a 1,498-unit apartment community in South Bend, Ind. The value of the transaction was $52.5 million. The property is located at 18011 Cleveland Road/3001 E. Jefferson Blvd. A family trust sold the property to an Indianapolis-based owner. 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