Berkadia Brokers Sale of Benefit Street’s 268-Unit West Woods Apartments in Pensacola, Florida

5/22/2025

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REBusinessOnline

• Subcategory: MF: Market Rate

• Tag: Sale

• Additional Filters-Subcategory: MF: Garden

• Additional Filters-Tags: Loan Assumption, Sale: Investment, Sale: Single Property

• Company: Berkadia, Benefit Street Partners (NYSE: BEN)

Berkadia has brokered the sale of West Woods Apartments, a 268-unit community located at 3202 W. Nine Mile Road in Pensacola, a city in Florida’s Panhandle near the Alabama border. David Etchison of Berkadia led the transaction on behalf of the seller, Benefit Street Partners. The undisclosed buyer assumed in-place HUD financing as part of the transaction. The sales price was also not released.