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Sales/acquisitions

April 17, 2012

-Dunbar Court LLC, a wholly owned subsidiary of Axia Urban LLP, bought the 30-unit Dunbar Court apartments at 1022 Martin Luther King Jr. St. The price wasn’t disclosed. Michael Wernke of Marcus & Millichap represented both the buyer and the seller, a lender that controlled the property formerly owned by DCA Renewal LLC.

-Merrillville-based Fox Hill Apartments LLC bought the 60-unit Fox Hill Apartment complex at 1300 W. Fox Hill Drive. The asking price was $1.9 million. The sale price wasn’t disclosed. Michael Wernke of Marcus & Millichap represented both the buyer and the seller, a lender that controlled the property formerly owned by NWJ SF I Fox Hill LLC.
 

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