Patten Family Companies acquires Promenade at Riverwalk

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Patten Family Companies acquired fifty-one condominium units of the Promenade at Riverwalk along the Manatee River in Bradenton, Florida. Will commence sales of the units this week.

Promenade at Riverwalk deserves a top ranking on that list of unique value opportunities in this desirable locale.

Patten Sales and Marketing, one of the Patten Family Companies, recently acquired fifty-one units of the Promenade at Riverwalk condominium complex from Promenade Brandenton LLC. Promenade at Riverwalk is located along the Manatee River in Bradenton, Florida and represents the advantages of waterfront condominium living in a unique urban setting. The project is located near the proposed Bradenton Riverwalk project, a public redevelopment project designed to draw people to downtown Bradenton and the riverfront. The 1.5 mile long project will include a skate park, volleyball courts, an interactive fountain, an improved amphitheater, and other outdoor living, entertainment and recreational amenities.

According to Michael Patten, CEO of Patten Sales and Marketing, “Promenade at Riverwalk represents a stellar addition to our growing portfolio of unique Gulf Coast properties. We believe the Gulf Coast of Florida, in addition to being a premier lifestyle and leisure time location, offers some truly outstanding real estate values. Promenade at Riverwalk deserves a top ranking on that list of unique value opportunities in this desirable locale. To demonstrate the value, we have a 1,570 square foot, 2BR/2BA unit on the market for $179,900 that was originally priced at $391,900.”

Patten Sales and Marketing will commence sales of units at Promenade at Riverwalk this week. The remaining units offer nine different floor plan options ranging in size from 1,414 square feet to 2,111 square feet in size.

About Promenade at Riverwalk
Promenade at Riverwalk represents waterfront condominium living in a sophisticated urban setting. Located on the banks of the Manatee River this project is just a short walk from downtown Bradenton. Dock access is located nearby at the Twin dolphin Marina. These spacious condominiums provide generous amenities and an unparalleled location making Promenade at Riverwalk a truly unique Gulf Coast property. For more information, please visit http://www.RiverwalkCondosFL.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.

Contact:
Michael S. Patten
Patten Sales & Marketing
792 Broad Avenue S
Naples, FL 34102
(236) 963-9783

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Michael S. Patten
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