CB Richard Ellis arranged the sale of Mohawk Hills Apartments, a 564-unit golf-course community in Carmel, Ind.
The value of the transaction totaled more than $30 million.
The property is located in a high-end suburb of Indianapolis.
Chicago-based Executive Capital Corp., which had owned the property since 1980, sold the property to Buckingham Cos., a local owner, developer and management company.
Los Angeles-based CB Richard Ellis is a commercial real estate services company.
***
What’s your opinion? Send your Letter to the Editor to newsroom@inman.com.
