Patten Sales and Marketing Sells Out All 44 Units at Bloomsbury Estates

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Patten Sales and Marketing completes the sell out of its condominiums at the Bloomsbury Estates project in Raleigh, North Carolina. Forty-four homes were sold in three months.

Patten Sales and Marketing is pleased to have sold out what we consider to be the finest condominium residence project in downtown Raleigh.

Patten Sales and Marketing, a Naples, FL-based real estate investment subsidiary of Patten Family Companies, announces the sale of all forty-four units of the Bloomsbury Estates condominium complex.. Bloomsbury Estates, a highly touted redevelopment project in downtown Raleigh, North Carolina, was acquired by Patten Sales and Marketing from Fifth Third Bank in June.

Michael S. Patten, CEO of Patten Sales and Marketing noted, “Patten Sales and Marketing is pleased to have sold out what we consider to be the finest condominium residence project in downtown Raleigh. The rapid sell out of forty-four units at Bloomsbury Estates provides us confidence that our business model of acquiring very high-quality projects at a tremendous value and passing on those savings to our customers is effective in a wide variety of markets.” Patten Sales and Marketing sold all of the units acquired by the company in only three months.

The units at Bloomsbury offered a variety of floor plan options in a European-inspired construction style and setting. Ten floor plans were available for one to three bedroom units ranging in size from 900 square feet to 2,400 square feet in size.

About Bloomsbury Estates
Bloomsbury Estates is a spectacularly crafted, European-inspired condominium project in Raleigh, NC with an unparalleled location offering the excitement of city culture, dining and attractions, yet located on the edge of a historic neighborhood with stately homes and tree-lined streets. From its incredible vantage point offering stellar views of the Raleigh skyline and city lights, this seven story condominium community offers multiple floor plan options, high-end amenities and lush outdoor landscaping. Simply put, luxury and quality abound at Bloomsbury Estates. For more information, please visit http://www.bloomsburycondos.com.

About Patten Sales & Marketing
Patten Sales & Marketing, LLC is the nation’s foremost provider of services that assist banks, equity investors, real estate investment funds, and developers with the timely liquidation of real estate owned (REO). The company implements strategic options that convert REO into cash quickly. As a division of Patten Family Companies, Patten Sales & Marketing brings to bear over 100 years of experience in all phases of the real estate cycle including financing, development, workout, and disposition services to capitalize on opportunities in condominiums, resorts, office buildings, golf courses, and land. For more information, please visit http://www.pattensm.com.

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