Deal boom

With the completion of a formal site plan submission, Prism Capital Partners is poised to move forward on the adaptive reuse of a five-acre parcel at the corner of Rahway Avenue and Green Street...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Wilshire Pines, a 173-unit multifamily asset in Tempe, Arizona. The property sold for $22.25 million. “Wilshire Pines’ South Tempe location positions...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Westwood Apartments, a six-building, 200-unit multifamily asset in West Hartford, Connecticut. The property, which is the largest market-rate multifamily property...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Trails at San Dimas, a 288-unit apartment property in San Dimas, California. The asset sold for $78.5 million, or $272,569...

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $8.2 million deconversion sale of 744 W. Gordon Terrace, a four-story, 34-unit building in Chicago’s Buena Park neighborhood. The...

Marcus & Millichap announces the sale of Rosegate Draper, a 277-unit age-restricted multifamily asset located in Draper, Utah. The property sold for $51.35 million, which represents $185,379 per unit. “Age-restricted and seniors housing properties are...

Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has successfully directed two commercial property sales totaling $11...

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Grandon Village, a 161-unit age- and income-restricted housing asset in...

On Thursday, Aug. 9, the customary ceremonial shovels were replaced with a 3,000-pound wrecking ball as The Allen Morris Company and Juneau Construction Company took part in a unique “ground-breaking” in West Midtown for the $130 Million residential...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Cobble Creek, a 361-unit multihousing asset in Salt Lake City. “Developed in 1974, Cobble Creek is a tranquil suburban apartment community...

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of the Tennessee-Kentucky Multifamily Portfolio, a seven-property apartment portfolio located in...

Washington Property Company (WPC) is celebrating the topping out of its latest luxury apartment community, Solaire 8250 Georgia Avenue. This amenity-rich 338-unit residence is located just two blocks from the Silver Spring (MD) Metro...

  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...

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it has brokered a $2.15 million sale of a multifamily building in Chicago’s Edgewater neighborhood. Located at 6203-09 N. Ravenswood Ave., the 12-unit...

KRE Group, a full-service real estate investment and management company with more than five decades of experience, and National Real Estate Advisors, LLC (National), an investment manager specializing in build-to-core, today announced that they...