Farmington Hills, Michigan (January 3, 2018) – Friedman Integrated Real Estate Solutions, one of the nation’s leading providers of commercial real estate services, recently sold a 6-unit multi-family portfolio located at 4004-4074 Howe Road in Wayne, Michigan.
Steven Silverman, Associate, Investment Advisory Services and Peter Jankowski, Vice President, Brokerage Services at Friedman represented the seller in this transaction.
“The transaction was a win-win for both sides of the deal. The local buyer was able to acquire 6 units with a value-add component that have been 100% occupied since their development. The local seller and original developer will be using proceeds from the sale for new CRE investments,” commented Silverman.
ABOUT FRIEDMAN INTEGRATED REAL ESTATE SOLUTIONS
As one of the largest privately-held full-service commercial real estate organizations in the nation, Friedman Integrated Real Estate Solutions provides clients with a single point of contact for the full range of Advisory, Property Management, Brokerage and Construction services that it offers.
Friedman manages more than 140 commercial properties encompassing more than 16M SF and more than 10,000 apartment homes throughout the United States. Friedman’s brokerage team has over 800 current listings with $10 billion in closed transactions. As owners and managers of commercial property for 30 years, Friedman understands what it takes to achieve results that maximize their clients’ objectives.
For more information, please visit: www.friedmanrealestate.com.