SOUTHFIELD, Mich. — Greystone Real Estate Advisors has arranged the $12.5 million sale of the Park at Trowbridge, a 298-unit independent living community in the Detroit suburb of Southfield.
The community was built in 1998 and totals 280,000 square feet. It is situated on a seven-acre plot.
A private equity group purchased the property from a publicly traded REIT. Mike Garbers and Cody Tremper of Greystone represented the seller in the transaction.