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JBM has been retained by Equus Capital Partners to handle the marketing and sale of Madison Brantley Pines, consisting of 296 units located in Fort Myers Florida.
Tampa, FL (PRWEB) August 18, 2014
JBM launched to market this week the Fort Myers property Madison Brantley Pines, completed in two separate phases, Phase I in 1988 and Phase II in 1997. Madison Brantley Pines represents a true value-add opportunity due to its strong demographics, superior location, large floor plans and attractive amenity package. Additionally, there is considerable rent growth potential as its current rates are priced below the average rents of its competitive peer set.
The Property is located in one of the most desirable locations in Fort Myers, one mile away from one of the citys most upscale shopping centers, the Bell Tower Shops, which feature retailers such as Saks Fifth Avenue, Williams-Sonoma, Fresh Market, Regal Cinema Stadium 20 and Bed Bath & Beyond. The central location is near significant demand drivers that include numerous office parks, educational institutions, hospitals and retail centers which support the ability to attain higher rents, making Madison Brantley Pines a prime candidate for a value-add strategy.
JBM Institutional Multifamily Advisors is the most reliable source of brokerage services in the institutional multifamily asset and investment industry with Florida offices located in Tampa, Orlando, and Naples. JBM specializes in high-rise, mid-rise and garden style apartment communities throughout the Southeast United States and focuses exclusively on asset disposition services, capitalization and recapitalization of existing and merchant development opportunities of large apartment type portfolios and singular assets for Domestic and Foreign Institutional, Private National and Regional clientele. The firms collective team efforts have exceeded $8.9 Billion and over 102,000 apartment units listed, marketed and sold. The firm delivers a strong legacy of excellence in representation and the most effective investment sales platform throughout the Southeast United States, meriting Jamie May and JBM as a trusted leader in the multifamily industry.
If you would like more information about this property or to schedule an interview with Jamie May, Chairman and CEO or Eddie Yang, Principal and Executive Director, please contact Claudia Raines at 813.812.5003 or email. To learn more, please visit JBM.com.
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