Suburban Dallas age-restricted multihousing asset sold
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Franklin Park of Desoto, a 240-unit, age-restricted apartment asset for...
Marcus & Millichap expands into Montreal by acquiring McGill Commercial
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the expansion of its Canadian presence with the acquisition of McGill Commercial, an...
1970s-built multifamily asset comes to market in San Diego County
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces it has been selected to exclusively market for sale Villa Capri, a 98-unit multifamily property in Escondido, California. The price is $21.2 million. “Built...
Interra Realty brokers sales of multifamily and mixed-use buildings totaling $4.2 million in Chicago
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it has brokered the sales of a $2.1 million mixed-use property and $2.1 million rental community in Chicago’s Austin and Bronzeville neighborhoods. “These...
Prism completes site plan for Woodbridge, N.J., redevelopment project
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...
South Tempe multifamily asset sold by IPA for $22.5 million
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...
Largest market-rate apartment complex in West Hartford sold by IPA for $20.85 million
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...
San Gabriel Valley multifamily asset sold by IPA for $78.5 million
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 brokers $8.2 million deconversion sale in Chicago’s Buena Park neighborhood
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...
$51.35 million age-restricted multifamily asset sale in Utah closed by Marcus & Millichap
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 directs two property sales totaling $11 million in Silicon Valley
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...
$30.2 million 55-plus affordable housing complex changes hands
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...
The Allen Morris Company, Juneau Construction Company ‘break ground’ on $130m Star Metals Residences...
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...
361-unit institutional asset trades after 25-year hold
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...
$47.2 million buys seven-property Tennessee-Kentucky multifamily portfolio
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...
