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Thursday, Jan 26, 2023
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Hillcrest Apartment Building Sells for $37.4M

A Hillcrest apartment building has been sold for nearly $37.4 million.

The Warwick, located at 606 Washington St., was sold by SENTRE to Spectrum Partners.

Representing the buyer and seller from Berkadia Institutional Solutions were Rachel Parsons, Ed Rosen, John Chu and Tyler Sinks.

The Warwick has 80 apartments in a mix of studio, one-bedroom and two-bedroom floor plans with private terraces.

Amenities include a resort-style pool and sun deck with cabanas, a curated fitness center, technology-enable package lockers, and programmable LATCH door locks.

“The Warwick is an award-winning boutique apartment community that was redeveloped from a preexisting hotel,” Parsons said, adding that “SENTRE did a phenomenal job transforming the asset into a best-in-class community.”

“The Warwick’s unique floor plans and resort lifestyle design caters to the broader demand for boutique high-end apartment communities in trendy urban areas like Hillcrest,” Parsons added.

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