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BRADENTON, FLA. — Zilber Residential Group, a Milwaukee-based developer, owner and property manager founded in 1949, has sold Vida Lakewood Ranch in Bradenton to an undisclosed investor for $92 million.
Berkadia Senior Managing Director Matt Mitchell and Director Chris Burtner represented Zilber, which developed the asset, in the deal. The two-story, garden-style Vida is located in Lakewood Ranch, a master-planned community that spans 50 square miles in Manatee and Sarasota counties.
The property is comprised of one- and two-bedroom units. Amenities include a fitness center, shaded game lawn and grilling areas, a walking trail surrounding a 4.5-acre lake and a clubhouse with community kitchen, pool table and poker table.