Institutional Property Advisors brokers luxury multifamily asset sale for $117 million in Northeast Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Montreux, a 335-unit luxury mid-rise apartment asset in the Desert Ridge master-planned community of Phoenix, Arizona. The property sold for...
Marcus & Millichap arranges the sale of Minns Apartments in Machesney Park, Illinois
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Minns Apartments, a 36-unit apartment property located in Machesney Park, IL,...
Cushman & Wakefield arranges $101.25 million sale on behalf of Amzak Capital Management and...
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of a five-property portfolio totaling 1,011 apartment units located in Orlando and Tampa. The final sale price was $101.25...
Independence Towers in the greater Kansas City area purchased
JLL Capital Markets announced that it completed the $6.95 million sale of the Independence Towers, a 123-home, mid-rise apartment community located in Independence, Missouri, which is part of the greater Kansas City metropolitan area. JLL...
Student housing dormitory near University of Kansas sells
JLL Capital Markets announced that it handled the sale of Naismith Hall, a student housing dorm-style community totaling 504 beds, located on campus at the University of Kansas in Lawrence, Kansas. JLL represented the seller,...
Luxury North Central San Antonio multifamily sale brokered by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Edge & Stone, a newly constructed 335-unit multifamily property in San Antonio, Texas. “Edge & Stone’s lease-up performance—an average of 30-to-40...
Joint venture purchases Harbour Court Apartments in Portland
JLL Capital Markets announced that it handled the sale of Harbour Court, a 99-unit apartment community in Portland, Oregon. JLL represented the seller, Harbour Court Owner LLC, an affiliate of the ConAm Group, in completing...
Signature Place homes in burgeoning Des Moines sells
JLL Capital Markets announced it closed the sale of the Signature Place, a 261-home, garden-style apartment community in West Des Moines, Iowa. The sale involved the assumption of the existing Fannie Mae debt that...
$32 million apartment property sale in Northern Nevada facilitated by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Keyway Apartments, a 230-unit apartment asset in Sparks, Nevada. The property...
Institutional Property Advisors finalizes suburban Dallas multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Riley, a 262-unit multifamily property with five retail spaces located in the CityLine mixed-use development in Richardson, Texas. “The Riley’s...
Parkview Financial provides $100 million loan for redevelopment of Harrah’s Reno Hotel and Casino...
Parkview Financial announced it has provided a $100 million loan to Reno City Center, LLC, an affiliate of Las Vegas-based CAI Investments, for the renovation and redevelopment of Harrah’s Reno Hotel and Casino to...
Texas Mid-Cities apartment asset sale brokered by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Fielder’s Glen, a 220-unit apartment property built in 1985 in Arlington,...
Multifamily asset sold in Tallahassee by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Le Marais Apartments, a 24-unit apartment property located in Tallahassee, Fla.,...
Interra Realty brokers $4.55 million sale of Suburban Chicago apartment community
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $4.55 million sale of Warwick Apartments, a 32-unit rental community at 312-316 N. Warwick Ave. in Westmont, Ill., a western...
Institutional Property Advisors completes apartment property sale in suburban Dallas-Fort Worth
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Somerset, a 372-unit multifamily asset in Lewisville, Texas. “The Lewisville submarket has experienced strong multifamily fundamentals, including average occupancy of 95.6...