San Fernando Valley apartment complex trades hands at $45 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Cielo Apartments, a 119-unit multifamily property in Chatsworth, California. The $45 million sales price equates to more than $378,000 per...
Oakwood to open its first property in Osaka summer 2018
Oakwood Worldwide announced the planned opening of Oakwood Hotel & Apartments Shin-Osaka. Scheduled to open this summer, the property will be the first property in Japan outside of Tokyo, and it joins a growing...
Record Tampa Bay area multifamily sale closed by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Lakeside Apartment Homes, a 228-unit apartment asset located in Brandon, Florida....
Multifamily investment opportunity offered exclusively by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the exclusive opportunity to acquire Bel Aire Terrace, a 324-unit apartment community in Crestview, Florida. The price is open bid. “Bel Aire Terrace is...
Stiles|Hensler mixed-use development Peabody Union moves forward
Nashville, TN-based Hensler Development Group and South Florida-based Stiles announced today that they will co-develop Peabody Union, a mixed-use, luxury commercial and residential project in Nashville, TN. Peabody Union will establish a new Design...
Meridian Capital Group arranges $3.7 million in financing for a multifamily property in New...
Meridian Capital Group, America’s most active dealmaker, arranged $3.7 million in financing for the refinance of a multifamily property in New Haven, CT. The seven-year, floating-rate loan is swapped at 190 basis points over LIBOR...
$20.5 million buys Tucson value-add multifamily asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of River Oaks Apartments, a 300-unit apartment complex in Tucson, Arizona. The $20.5 million sales price equates to $68,333 per unit. “The...
$110 million multifamily asset in Phoenix sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Red Mountain Villas, a 768-unit apartment complex in Phoenix. The $110 million sales price equates to $143,229 per unit. The...
CA Senior Living announces start of construction on 128-unit Atria at River Trail in...
CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, today announced construction is underway on Atria at River Trail, a 128-unit senior living community at the corner of...
Multifamily value-add asset sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of The Ranch at Fossil Creek, a 274-unit multifamily property in Fort Worth, Texas. “Built in 2002, The Ranch at Fossil Creek...
$34.7 million affordable housing asset sale brokered by Danny Shin and Brock Zylstra
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Towne Gate Apartments, a four-story, 288-unit, Section 42 Low Income Housing...
Meridian Capital Group arranges $110 million in financing for the 251DEKALB multifamily property located...
Meridian Capital Group, America’s most active dealmaker, arranged $110 million in balance sheet financing for 251DEKALB, a five-building multifamily apartment complex located in King of Prussia, PA on behalf of a venture sponsored by...