Farmington Hills, Michigan (November 9, 2018) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services recently sold a 56-Unit multi-family portfolio located at 691 Seward Street & 656 Lothrop Road in the New Center district of Detroit, Michigan. New Center Court Apartments Inc and Shea Group Inc sold the buildings to 656 New Center Portfolio, LLC.
Steven Silverman, Senior Vice President, Investment and Advisory Services, at Friedman represented the buyer in this transaction.
ABOUT FRIEDMAN REAL ESTATE
As one of the largest privately-held full-service commercial real estate organizations in the nation, Friedman Real Estate 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 11,000 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.