Marcus & Millichap arranges the sale of a 16-unit multifamily property in Stamford, Connecticut
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a 16-unit 15,312-square-foot apartment property located in Stamford, Connecticut.
“11 Forest...
Diversified Properties welcomes residents to newly completed amenities at Summit Court in Union, New...
Diversified Properties, one of the region’s most experienced and active commercial real estate developers and owners, announces the completion of the amenity package at Summit Court, a 393-unit, luxury multifamily community in Union, N.J.
Strategically...
Fannie Mae forecasts later downturn
Fannie Mae’s June economic and housing forecast predicts that the expected economic downturn will occur slightly later than did other recent forecasts. It also predicts a higher level of multifamily starts in 2023 but...
NMHC statement on today’s meeting with the Homes Guarantee Campaign
Today, NMHC met with representatives from the Homes Guarantee Campaign to learn more about their priorities and personal stories. While the meeting was unscheduled, the discussion confirmed our mutual desire to see an increase...
Alliance Residential Company opens apartment community in Northeast Raleigh
Leading national multifamily developer Alliance Residential is proud to announce the opening of its newest apartment community, Prose New Hope in Northeast Raleigh.
Prose New Hope is in the heart of a high-growth employment corridor...
New home sales jump in May
A lack of existing inventory coupled with solid consumer demand helped to boost new home sales in May to their highest level since February 2022.
Sales of newly built, single-family homes in May increased 12.2...
Newmark secures $947 million loan for Park La Brea Apartments in Los Angeles, California
Newmark Group, Inc. (Newmark), a leading adviser and service provider to large institutional investors, global corporations, and other owners and occupiers of commercial real estate announces it has secured a $947 million loan for...
CBRE completes $12.12 million sale of two multifamily apartment communities in Orange County, Calif.,...
CBRE announced the sale of two multifamily apartment communities totaling 38 units and $12.12 million in Orange County, Calif., in the completion of a 1031 exchange.
CBRE’s Executive Vice President Dan Blackwell, First Vice...
Marcus & Millichap brokers the sale of a 63-unit Central Connecticut multifamily property
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Bleu, a 63-unit multifamily property located in New Britain, Connecticut.
“New...
Institutional Property Advisors brokers sale and arranges financing for Eastside Seattle multifamily asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Aria, a 102-unit, transit-oriented, boutique multifamily property with 2,161 square feet of retail space in Redmond, Washington. The...
Marcus & Millichap arranges the sale of a 103-unit apartment portfolio
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 103-unit apartment portfolio located in Queens, N.Y. The asset sold...
CBRE arranges $21 million sale of 22501 Hawthorne Boulevard in Torrance, California
CBRE announced the sale of 22501 Hawthorne Boulevard, a 3.82-acre redevelopment site in Torrance, California, to Intracorp Homes, for $21 million.
The CBRE team of John Read, Greg Sullivan and Trent Steeves represented the seller,...
Multifamily property prices down again in May
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices in May fell 0.9 percent from their level of the month before and fell 12.5 percent from their...
Interra Realty brokers sale of mixed-use building in Chicago for $6.1 million
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $6.1 million sale of a 16-unit mixed-use building in Chicago’s Logan Square neighborhood. The transaction equated to $381,562 per unit—one...
Renting cheaper in majority of largest U.S. cities
The average monthly mortgage costs 25 percent more on average than renting across the nation’s 50 most populous cities with just four exceptions: Detroit, Philadelphia, Cleveland and Houston. Of these cities, in Detroit it...
