Institutional Property Advisors closes Inland Empire multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of ReNew on 14th Apartments, a 100-unit multifamily asset in Riverside, California.
“With 14.7 percent year-over-year rent increases and 1.6 percent vacancy,...
ZMR Capital adds two Dallas multifamily properties to Texas portfolio
ZMR Capital has increased its footprint in Texas by nearly 1,000 units after acquiring two garden-style communities in Dallas expanding the Tampa Bay, Florida-based multifamily investment firm’s portfolio in the Lone Star State to...
Cushman & Wakefield arranges $32.25 million sale on behalf of Stratford Management
Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of Canyon Park, a 252-unit apartment community located in Tallahassee, Florida. The final sale price was $32.25 million.
Nick Meoli and...
MassHousing closes on $35.3 million in financing for the refinancing and major renovation of...
MassHousing has closed on $35.3 million in affordable housing financing to Urban Edge for the refinancing and extensive renovation of the 78-unit Bancroft Dixwell Apartments in Roxbury and Jamaica Plain.
Urban Edge will utilize the...
Berkadia arranges $62 million stretch senior loan for acquisition of 568 bed student housing...
Berkadia announces it has secured a $62 million stretch senior loan for the acquisition of Nine East 33rd, a 157-unit/568-bed off-campus student housing property located right across the street from the main entrance of...
Institutional Property Advisors brokers $63.5 million Southeast Orlando apartment asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Linden on the GreeneWay, a three-story, garden-style, 234-unit multifamily asset in Orlando, Florida. The property sold for $63.5 million, which...
Marcus & Millichap brokers the sale of a 78-unit apartment building in Broward County...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Granada Apartments, a 78-unit property located in Lauderdale Lakes, Florida. According...
Institutional Property Advisors closes $51.6 million multifamily asset in the Northwest Valley of Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Cantala, a 184-unit apartment property in Glendale, Arizona. The property sold for $51.6 million or $280,435 per unit.
“Built in 1986,...
Institutional Property Advisors closes Ventura County multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Ocean Villas, a 119-unit apartment asset in Oxnard, California. The property sold for $39.75 million, which equates to $334,033 per...
Magma Equities acquires two multifamily communities in Dallas/Fort Worth
Multifamily investment firm Magma Equities (Magma) in two separate off-market transactions has acquired apartment communities in Dallas and Fort Worth representing 562 apartment homes, two of five acquisitions the firm expects to close in...
Cushman & Wakefield arranges $75 million sale on behalf of JEM Holdings
Cushman & Wakefield announced the commercial real estate services firm has arranged the $75 million sale of Country Club, a 454-unit apartment community located in Charlotte, North Carolina.
Watson Bryant and Brooks Colquitt of Cushman...
The Multifamily Group brokers 393-unit portfolio in El Paso, Texas
The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week that it had facilitated the sale of Villa Sierra & Wyndchase Apartments in El Paso. Chris Siemasko represented the seller,...
Becovic adds 61-unit property to its Rogers Park Portfolio
Becovic, a Chicago-based multifamily owner and operator, has added a 1920s era courtyard building to its Northside portfolio. The Juneway Gardens, located at 1548-1558 ½ W. Juneway Terrace in Chicago, sold for $7.25 million....
ECI Group announces $136 million sale of Channel Club Apartment Tower in Tampa, Florida
ECI Group has announced the $136 million sale of the Channel Club, a 324-unit, high-rise apartment community in Tampa, Fla., to Arlington, VA-based Snell Properties.
The 22-story trophy tower, anchored by a Publix Super Market...
Stepp Commercial completes $41.85 million sale of a 17-property apartment portfolio in Long Beach,...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has the completed the $41.85 million sale of an apartment property portfolio in Long Beach, Calif. The deal consisted of 17 properties...
