Central Phoenix apartment complex sale brokered by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Cabana on 12th, a 252-unit multifamily asset in Phoenix, Arizona. The property sold for $54.5 million, which represents $216,270 per...
Northern California multifamily sale completed by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Mira Vista Hills, a 280-unit apartment community in Antioch, California. IPA’s Salvatore Saglimbeni, Stanford Jones, Philip Saglimbeni, and Alex Tartaglia...
Stepp Commercial completes $2.32 million sale of apartment property in Coveted Long Beach 4th...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $2.32 million sale of an 8-unit apartment property located at 3011 E. 4th Street in the heart of the...
Berkadia arranges sale and financing of Fort Lauderdale Apartments
Berkadia announces it has arranged the sale and financing of Green Tree Apartments, a value-add apartment community with 296 units located in Fort Lauderdale, Fla. The property traded for $58.5 million, representing $197,635 per...
Institutional Property Advisors brokered four Class A multifamily asset sales in San Antonio for...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of four multifamily properties totaling 1,267 units in San Antonio, Texas in the first quarter of 2021. The assets sold for...
ABI Multifamily brokers 109-unit condominium property for $27 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $27,000,000 / $247,706 Per Unit / $208.38 Per SF sale of Santana Ridge Luxury Rentals,...
Songy Highroads grows multifamily platform with purchase of Metro Atlanta’s Biscayne Apartments
Songy Highroads (SHR), an Atlanta-based commercial real estate investment and development firm, continues its multifamily expansion in the Sun Belt with its acquisition of Biscayne Apartments. The 370-unit, 26-acre property is located in College...
Cushman & Wakefield arranges $49.5 million sale on behalf of BSR Real Estate Investment...
Cushman & Wakefield announced that the commercial real estate services firm has arranged the $49.5 million sale of Mountain Ranch, a 360-unit apartment community built in 2009 and located in Fayetteville, Arkansas. Martin Bynum and...
$59 million bridge financing for central Florida apartments secured
JLL Capital Markets announced it has arranged a $59 million bridge financing for the 326-unit Dolce Living Royal Palm multihousing property located in Kissimmee, Florida, a submarket near Orlando. JLL worked on behalf of the...
The Kanner Group completes $15.525 million sale of The Galaxy Apartments, a 95-unit multifamily...
Matthew Kanner, President of The Kanner Group of KW Commercial, is pleased to announce he has completed the $15.525 million sale of The Galaxy Apartments, a 95-unit multifamily property located at 835 W. Rosecrans...
IMG pays $33 million for 228-unit multifamily community in San Antonio, Texas
Investors Management Group ("IMG"), a California-based real estate investment company, has acquired Encore281 Apartments, a 228-unit community built in 2015 and located in North San Antonio for $33 million, or approximately $144,737 per unit. The...
Cushman & Wakefield arranges multifamily sale on behalf of RealSource
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Timber Ridge, a 320-unit apartment community located in Mobile, Alabama. Jimmy Adams and Craig Hey of Cushman & Wakefield...
Cushman & Wakefield arranges multifamily sale on behalf of Hudson Capital Properties
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of High River, a 176-unit apartment community located in Tuscaloosa, Alabama. Jimmy Adams and Craig Hey of Cushman & Wakefield...
Interra Realty brokers $1.5 million sale of 18-unit rental community in Chicago’s Bronzeville neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $1.5 million sale of 4520 S. Vincennes Ave., an 18-unit apartment community in Chicago’s Bronzeville neighborhood. The price was $83,000...
Kiser Group advises on the $32.3 million sale of 115-unit condo deconversion in Lakeview
Kiser Group, Chicago's leading multifamily brokerage firm, has advised on the $32.3 million sale of The Barry Quad, a three-building, 115-unit condo deconversion in the Lakeview neighborhood of Chicago. Kiser Group Advisors Andrew Friedman...