Bell Partners pays $64.7M for Parkland’s Winners Circle Apartments

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Bell Partners pays $64.7M for Parkland’s Winners Circle Apartments

Bell Partners Purchases Parkland Winners Circle Rental Community

bell-parkland-rental-apartmentBell Partners, North Carolina-based real estate investor and manager, recently purchased Parkland apartment community Winners Circle.  Bell Partners bought the community for $64.7 million dollars and obtained a mortgage from CW Capital in the amount of $44 million.  The sellers, Ethel Gavrilova of Winners Circle Realty Holding Co., paid off a mortgage in the amount of $33 million as part of the deal.

The new community will also be managed by Bell Partners, and the Winners Circle signs will be taken down and replaced by the name Bell Parkland.  This sale also shows how strong the real estate community is growing in the City of Parkland.  Investors are purchasing real estate. Please visit Bell Parkland to learn more information on the community and see a video tour and more pictures.

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