$161.9 million multifamily portfolio in Los Angeles county sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of an eight-property, 644-unit multifamily property portfolio in Los Angeles County, California. The sales price is $161,914,700.
“We generated 130 offers and...
$300 million in multifamily sales closed in three weeks
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces that Steve Gebing and Cliff David closed six multifamily property transactions totaling $300 million and 1,557 units between April 12 and May 4...
Draper and Kramer and Intercontinental Real Estate Corporation acquire 298-unit apartment community in Chicago’s...
Chicago-based Draper and Kramer, Incorporated, along with equity partner Intercontinental Real Estate Corporation, has expanded its Chicago-area portfolio with the acquisition of Burnham Pointe, a 28-story, 298-unit rental building in Chicago’s Printers Row neighborhood....
New Santa Barbara mixed-use asset hits the market
Institutional Property Advisors (IPA), a division of Marcus & Millichap, is the exclusive listing agent for The Marc, a new-construction, luxury 89-unit multifamily asset with a retail component in Santa Barbara, California. The price...
Stepp Commercial completes $6.75 million sale of Rolling Hills Gardens Apartments, in Lomita, California
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $6.75 million sale of Rolling Hills Gardens Apartments, a 24-unit apartment building located at 25925 Viana Avenue, adjacent to...
Stepp Commercial completes $5.1 million sale of Delano Village, an 18-unit apartment property in...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $5.1 million sale of Delano Village, an 18-unit apartment property located at 14161 to 14163 Delano Street in Van...
Cushman & Wakefield arranges $26.3 million sale on behalf of FPA Multifamily
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Haven, a 220-unit apartment community located in Hoover, Alabama. The final sale price was $26.3 million.
Andrew Brown,...
ABI Multifamily brokers four deals totaling $176.4 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the sale of the following properties this week:
$47,750,000 / $170,536 Per Unit / $264.42 Per...
First-half multifamily closings by IPA Texas top $876 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces that in the first six months of 2018, IPA Texas completed 24 multifamily sales throughout Texas totaling 8,972 units. The cumulative sales price...
Wicker Park Connection, luxury rental tower on Chicago’s Northwest Side, surpasses 75 percent-leased milestone
Chicago-based Hubbard Street Group and co-developer Centrum Realty and Development today announced Wicker Park Connection, a 15-story, 146-unit rental community, is more than 75 percent leased just four months after welcoming first move-ins. Located...
Passco Companies adds third multifamily asset to Texas portfolio this year with acquisition of...
Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., has acquired Boterra Bay Apartments in Baytown, Texas.
The firm is rebranding...
Gelt, Inc. acquires Timber Lodge, a 390-unit value-add apartment community, for $61 million in...
Gelt Inc., a Los Angeles-based real estate investment and asset management firm, announced today it has acquired Timber Lodge for $61 million. The 390-unit value-add apartment community is located about nine miles from downtown...
Kiser Group advises on $1.6 million Evanston, Illinois apartment property sale
Kiser Group, Chicago’s leading multifamily brokerage firm, advised on the sale of 820-822 Reba Place, a 12-unit multifamily property, in Evanston, Illinois. 820-822 Reba Place sold for $1,675,000 with Director Matt Halper, Advisor Danny...
$11.85 million sale completed for The Annex of New Albany in Southeast Indiana
JLL Capital Markets announced it closed the $11.85 million sale of The Annex of New Albany, a garden-style multihousing property located in New Albany, Indiana, a suburb situated near the state’s border and just...
Trophy multihousing property near Phoenix refinanced with $36.35 million loan
JLL Capital Markets announced that it has arranged a $36.35 million refinancing for The Premiere at Eastmark, an apartment community in Mesa, Arizona.
JLL worked on behalf of the borrower, Los Angeles-Seaview Capital, to originate...
