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GlobeSt.com EXCLUSIVE: MetLife Puts Six Multifamily Properties on the Market

NEW YORK CITY-MetLife retains a Holliday Fenoglio Fowler team to market a six-multifamily portfolio in five states. Five HFF offices are coordinating on the effort.

By Barbara Jarvie | Updated on October 29, 2004

NEW YORK CITY-Locally based MetLife has tapped Holliday Fenoglio Fowler LP to market the sale of six multifamily communities in five states. The properties, which total 2,058 units in Alabama, Arizona, North Carolina, Ohio and Texas, have a “whisper price” in the $170 million range, HFF senior managing director Matthew Lawton tells GlobeSt.com. “But with today’s capital markets, who knows? MetLife is looking to maximize the dollars.”

HFF offices in Chicago, Atlanta, Dallas, Houston and Washington, DC are teaming up on the effort to sell the sites, which are being offered individually or in combination. Offers are due November 11.

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