Berkadia announced the sale of a Class-A, active adult community in Greenville, South Carolina. Built in 2022, The Aspens Verdae sits within the 1,100-acre master-planned Verdae neighborhood and comprises 159 one-bedroom and two-bedroom apartments.
Cody Tremper, Mike Garbers, Dave Fasano and Ross Sanders negotiated the transaction on behalf of the seller, Texas-based active adult developer Aspens Senior Living. The community was sold to Charleston, South Carolina-based Blaze Capital Partners and Partners Group. Public records show the purchase price as $33.2 million, or $208,800 per unit, which was financed by a $21.6 million loan from MetLife Investment Management.
