Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MANASSAS, VA-Pantzer Properties has acquired another apartment asset in the Mid-Atlantic, steadily growing its footprint outside of its New York City base. The company recently closed on the Haverhill Apartments, which Pantzer will rename The Point at Park Station. A market source tells GlobeSt.com that the 350-unit property traded between $160,000 to $180,000 per unit, with a total sales price ranging anywhere between a high $50 million figure to a low $60 million one.

The seller is a fund sponsored by CBRE Global Investors. CBRE’s William Roohan represented the seller in the deal. Berkeley Point arranged Freddie Mac financing for Pantzer. The law firms of Ballard Spahr LLP and Hyland Levin LLP represented Pantzer as legal counsel.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.