4B — June 27 - July 10, 2014 — Owners, Developers & Managers — 1 -( % 80%28-'
Real Estate Journal
O WNERS , D EVELOPERS & M ANAGERS A 200 unit apartment community in Fredericksburg Greysteel arranges the sale of Townsend Square Apts.
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F REDERICKSBURG, VA — The Greysteel Company , a Wash-
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ington, DC based real e s t a t e i n - v e s t m e n t s e r v i c e s f i r m , h a s a r r a n g e d the sale of T o wn s e n d S q u a r e
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Apartments, a 200-unit, transit-oriented commu- nity in Fredericksburg. Greysteel’s multifamily team led by Ari Firoozabadi , John Mullen , W. Kyle
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Townsend Square Apartments
Tangney , Lance Ahmadi- an , Caleb Brown , Mike Bediones , and Jake Ying served as advisor and agent to Insight Property Group in the successful disposition of Townsend Square to Fed- eral Capital Partners . “The robust population growth, limited new supply, and access to employers in the local submarket made Townsend Square a highly desirable asset garnering substantial interest,” said Mullen, director of multi- family investment sales at Greysteel. “It was a pleasure to work with both Insight Property Group and Federal Capital Partners – we wish the both continued success.” Hollenbach Construction adds two team members BOYERTOWN, PA — Hol- lenbach Construction, Inc. has announced the addi- tion of two new employees to the Hollenbach Construction team. The new employees are: George MacDonald , project manager and Josh Price , project superintendent. George MacDonald has more than 19 years experi- ence in the construction in- dustry as a project manager and estimator. George is re- sponsible for project manage- ment of new projects and in providing support to other project managers. Josh Price has more than 10 years expe- rience as a superintendent, assistant superintendent, foreman and carpenter for a JHQHUDOFRQWUDFWLQJÀUP-RVK is the project superintendent for a large expansion project for Phoebe in Richlandtown.
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