Marcus & Millichap completes multifamily portfolio sale outside of Omaha
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Northridge and Flatwater, a 192 unit, two-property multifamily portfolio outside of...
Institutional Property Advisors brokers suburban Seattle multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Woodbrook, a 100-unit apartment property in Everett, Washington. The property sold for $31.3 million, which represents $312,750 per unit.
“Located in...
Institutional Property Advisors negotiates Tempe multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Villatree, a 150-unit apartment property in Tempe, Arizona. The asset sold for $43.1 million which equates to $287,333 per unit.
“Villatree...
Marcus & Millichap announces $24 million sale of Winchester Virginia Apartments
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Pine Plaza and Wright Apartments, a 195-unit apartment portfolio located in...
Florida multihousing community sells for $70.6 million
JLL Capital Markets announced that it has closed the $70.6 million sale and arranged the debt and equity financing totaling $65 million for Grand Reserve Apartment Homes, a 263-unit, two-story, value-add multihousing community in...
Archway Equities acquires 192-unit multifamily asset in Dallas from HLC Equity
Archway Equities (Archway) has acquired from HLC Equity, the 192-unit Toscana Apartments, in Carrolton, Texas, one of the fastest growing suburbs in Dallas. The purchase represents Archway’s second apartment investment in the immediate submarket...
Cushman & Wakefield arranges $20.9 million sale of Arkansas 360 portfolio
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of five Arkansas multifamily properties that comprise the Arkansas 360 Portfolio—Cottages of Hot Springs, Glen Oaks, Indiandale Manor, Village Meadows,...
$19 million in financing secured for New Jersey multihousing community
JLL Capital Markets announced that it has arranged the $19 million financing for 231WHK, a newly built 60-unit multihousing community in Weehawken, New Jersey.
JLL represented a private developer to secure the five-year, fixed-rate loan...
Berkadia arranges sale of garden-style apartment community in Tallahassee, Florida
Berkadia announces it has arranged the sale of The Westcott, a 444-unit garden-style apartment community located in Tallahassee, Fla., along the state capital’s main east-west thoroughfare, the Apalachee Parkway. Managing Director David Etchison, Senior...
Berkadia arranges $64.1 million loan for acquisition of multifamily property in Tampa
Berkadia announces it has arranged financing for the acquisition of 325 units at Arbors at Carollwood, a core-plus opportunity within the highly sought-after Carollwood submarket of Tampa, Fla. Senior Managing Director Mitch Sinberg and...
Berkadia arranges sale and financing of garden-style apartment community in Houston, Texas
Berkadia announces it has arranged the sale and financing of Timberwalk, an attractive, well-maintained 300-unit apartment community located in Houston, Texas. Managing Directors Chris Young and Joey Rippel, Director Kyle Whitney, Managing Director Jeffrey...
Berkadia arranges sale and financing of workforce housing in Houston, Texas
Berkadia announces it has arranged the sale and financing of Bridgewater Apartments, a 206-unit garden-style, workforce housing community in Tomball, Texas. Managing Directors Joey Rippel and Chris Young, Director Kyle Whitney, Managing Director Jeffrey...
The Mogharebi Group brokers sale of 168-unit multifamily community in Bakersfield, California
The Mogharebi Group (TMG) has arranged the sale of Tyner Ranch Apartments, a 168-unit multifamily community in the Central Valley city of Bakersfield, Calif. for nearly $31 million. Mark Bonas, Senior Vice President for...
iBorrow provides $11.6 million in financing for acquisition of 92-unit multifamily property in Atlanta...
iBorrow, a nationwide private direct lender for commercial real estate, has provided an $11.6 million loan to enable the acquisition of Wellington Townhomes, a 92-unit multifamily community in the College Park neighborhood of Clayton County, Georgia, according to Brian Good, CEO of iBorrow.
“iBorrow identified...
Institutional Property Advisors completes newly constructed San Antonio apartment sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Vantage at O’Connor, a 288-unit, new construction asset in Northeast San Antonio, Texas.
“Built in 2020, Vantage at O’Connor achieved stabilization...