Marcus & Millichap lists and closes 91-unit Los Angeles apartment portfolio
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today that Rick Raymundo and Landy Toledo listed and sold the West Coast Properties...
Institutional Property Advisors closes boutique Mesa multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Craft @ Gilbert & Baseline, a boutique, 104-unit multifamily asset in Mesa, Arizona. The $45 million sales price represents $432,692...
Avanti Residential acquires $181 million Soleste Grand Central apartments in Miami
Denver-based Avanti Residential has acquired Soleste Grand Central, a newly built luxury 360-unit apartment community in downtown Miami. Avanti purchased the Class A multifamily community for $181 million from The Estate Companies, who developed...
Thompson Thrift Residential sells The Retreat in Corpus Christi
Thompson Thrift Residential, a wholly-owned company of Indianapolis-based Thompson Thrift, announced the sale of The Retreat, a 324-unit multifamily community located in The District of Timbergate area of Corpus Christi. A private real estate...
Marcus & Millichap completes multifamily asset sale in Dallas/Fort Worth Metroplex
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Rio Vista, a 246-unit apartment asset in the northeast suburbs of...
Marcus & Millichap closes two-property metroplex multifamily sale for $71.5 million
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of two multifamily properties in Dallas-Fort Worth. The assets are Copper Creek,...
ABI Multifamily brokers 30-unit Northwest Phoenix apartment community for $7.65 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $7,650,000 / $255,000 Per Unit / $297.96 Per SF sale of The Cottages on Hayward,...
The Jacobson Company sells 172-unit multifamily community in downtown Seattle for $90 million
The Jacobson Company, a leading private real estate investment and management company, has sold Alley24, a 172-unit multifamily property in Seattle, Washington for $90 million. The firm initially acquired the asset for $72 million...
Thayer Manca Residential expands New Mexico portfolio
Thayer Manca Residential (TMR) has purchased their newest multifamily property in Albuquerque, New Mexico. TMR acquired Hunter’s Ridge, a 144-unit property, as they continue to invest in the New Mexico multifamily market. This is...
Berkadia arranges sale and finance of garden-style workforce multifamily community in Houston, Texas
Berkadia announces it has arranged the sale and finance of Creekside Villas at Clear Lake, a 202-unit workforce housing community in Houston, Texas. Managing Directors Joey Rippel and Chris Young, Director Kyle Whitney, Managing...
Cushman & Wakefield arranges sale of Solis Cumming
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Solis Cumming, a 320-unit multifamily property in a suburb north of Atlanta, Georgia. Cushman & Wakefield’s Robert Stickel and Alex...
Institutional Property Advisors brokers Southern Arizona multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Port Royale, a 252-unit multifamily property in Sierra Vista, Arizona. The $46.5 million sales price equates to $184,524 per unit. “Southern...
Interra Realty brokers $6.725 million sale of multifamily property in Chicago’s Budlong Woods Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of 2713-2737 W. Berwyn Ave., a pair of adjacent courtyard buildings totaling 42 units in the Budlong Woods neighborhood...
American Landmark acquires apartments in Atlanta
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired 2050 Morningside, a 198-unit apartment community located in the Morningside/Lenox Park neighborhood of Atlanta, Ga. “2050 Morningside is a...
Cushman & Wakefield arranges sale of Park on 23rd
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Park on 23rd, a 98-unit multifamily property located in the Pell City neighborhood of the Birmingham metro area. Cushman &...