ABI Multifamily brokers 21-unit South Scottsdale multifamily apartment community for $7 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $7,000,000 / $333,333 Per Unit / $338.16 Per SF sale of Bella Villas Apartments, a...
Institutional Property Advisors closes Southwest Arizona apartment property sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Regency Square, a 304-unit, two-story, garden-style multifamily asset in Yuma, Arizona. The property sold for $41.5 million, which represents $136,513...
Institutional Property Advisors completes Eastside Seattle luxury apartment asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Bentley House, a condo-quality apartment property in Issaquah, Washington.
“Seattle’s Eastside is experiencing the largest job growth in the region with...
Institutional Property Advisors completes San Antonio multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Pecan Springs, a 344-unit, stabilized asset in the Far Northwest submarket of San Antonio, Texas.
“Situated in a submarket that ranks...
Mary Cook Associates launches four interior design projects with Toll Brothers Apartment Living
Chicago-based Mary Cook Associates (MCA), a national, award-winning commercial interior design firm, today announced it is working in partnership with Toll Brothers Apartment Living®, a subsidiary of Toll Brothers, Inc., on four new-construction multifamily...
Renovated Phoenix multifamily asset sold by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Bloom 24, a 114-unit multifamily complex in Phoenix. Highline Property Group (Highline), based in Denver, Colorado, purchased the property...
Bozzuto selects Leonardo247 to automate operational best practices
The Bozzuto Group, one of the largest multifamily property management firms in the U.S., has announced it will deploy Leonardo247 across its entire portfolio comprised of over 70,000 residences.
Leonardo247 allows Bozzuto to easily administer...
Sale of northwest Austin multihousing community closes
JLL Capital Markets announced that it has arranged the sale of Caliza, a 270-unit, Class A, garden-style apartment community in the northwest Austin suburb of Cedar Park, Texas.
JLL worked on behalf of the seller,...
Thayer Manca Residential acquires third multifamily property in New Mexico
Thayer Manca Residential (TMR) has purchased Mirabella Heights, their newest multifamily property in the Albuquerque, New Mexico market. The acquisition of the 280-unit property, combined with renovation costs, creates over a $100 million investment...
Universe Holdings receives $19.71 million in cash out financing secured by seven Inglewood apartment...
Capitalizing on rising property values in its growing portfolio of assets in Inglewood, CA, Universe Holdings has received $19.71 million in cash-out financing secured by seven of its Inglewood multifamily communities.
Two separate loans allowed...
GFI Realty trades Staten Island 112-unit six-story elevator asset for $11.9 million
GFI Realty Services, LLC announced the $11.9-million sale of 100 Belmont Place & 101 Daniel Low Terrace, two six-story elevator apartment buildings occupying a single lot, in the St. George section of Staten Island. The asset...
Stepp Commercial completes $6.3 million sale of Washington Place, a 15-unit apartment property in...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $6.3 million sale of Washington Place, a 15-unit apartment property located at 401 Washington Avenue in Santa Monica, California.
Principal...
Avanath Capital Management acquires 207-unit workforce housing community in Boston, Massachusetts
Avanath Capital Management, a private real estate firm that invests in affordable and workforce housing properties throughout the U.S., has announced the acquisition of Morton Village, a 207-unit workforce housing community in Mattapan, Massachusetts,...
Raintree Partners acquires portfolio of five Southern California multifamily properties totaling 551 units for...
Raintree Partners, an Orange County, California-based private commercial real estate investment company, has acquired a portfolio of five multifamily communities in Southern California, totaling 551 units, from a private seller for $142 million.
The properties...
Kiser Group advises on $4.15 million, 64-unit Melrose Park, Illinois multifamily sale
Kiser Group, Chicago’s leading multifamily brokerage firm, advised on the sale of Vinan Apartments in Melrose Park, Ill. Located at 2901 Vinan Drive, the 64-unit multifamily asset sold for $4.15 million. Director Matt Halper...
