Thursday, March 28, 2024

News

1638-44 W. Greenleaf Ave

Interra Realty brokers $6.5 million deconversion sale in Chicago’s Rogers Park

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the deconversion sale of 1638-44 W. Greenleaf Ave., a 40-unit multifamily building in Chicago’s Rogers Park neighborhood, for $6.5 million, or...

Multifamily builder and developer confidence remains unchanged in fourth quarter

Confidence in the market for new multifamily housing remained unchanged in the fourth quarter of 2019, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces...
Monument Village at College Park

JLL completes $62.7 million sale of Maryland mixed-use property

JLL Capital Markets announced today that it has completed the $62.7 million sale of Monument Village at College Park, a mixed-use residential and retail property in College Park, Maryland. JLL marketed the property on behalf...
Dana Brody

Dana Brody joins Marcus & Millichap as Senior Vice President Investments

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced today that Dana Brody has rejoined the firm as a senior vice president investments...
600 Mariners Island

Levin Johnston completes two multifamily transactions totaling $24.45 million in San Mateo, California

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, successfully completed the sale of two multifamily communities in...
Jackson Courtyard Apartments

Lakeview Land Partners sells 47 unit asset in Downtown Oakland

Lakeview Land Partners, LLC announces the sale of the Jackson Courtyard Apartments, LLC. a 47 unit apartment building in downtown Oakland Ca. which was built in 2009. Lakeview purchased the property in 2015 and enjoyed the transformation...

Stepp Commercial completes $5.71 million sale of a 16-unit apartment property in the heart...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $5.71 million sale of a 16-unit apartment property located at 445-455 Rose Avenue in the heart of the...
The Retreat at Vista Lake

JLL closes $96 million sale of Southwest Florida apartments

JLL Capital Markets announced that it has closed the $96 million sale of The Retreat at Vista Lake, a 640-unit, garden-style apartment community in the fast-growing Fort Myers, Florida, market. JLL marketed the property exclusively...
The Brookliner

CBRE secures joint venture partner for The Brookliner, a mixed-use development in Brighton, Mass.

CBRE has secured a joint venture partner for the development of The Brookliner, a mixed-use transit-oriented community in the Brighton neighborhood of Boston, Massachusetts. CBRE’s team of Simon Butler, Biria St. John and Kyle Juszczyszyn...
Hillside Creek Apartments

CONTI enters Austin market with acquisition of Hillside Creek Apartments

CONTI Organization, one of North Texas’ largest private multifamily property owner-operators, has expanded its footprint in the state with the acquisition of Hillside Creek Apartments, a 268-unit complex located at 1730 E. Oltorf Street,...

California REALTORS applaud Gov. Newsom’s focus on housing in State of the State Address

The California Association of Realtors (CAR) issued the following statement after Gov. Gavin Newsom’s State of the State address: “The California Association of Realtors stands with Gov. Gavin Newsom and agrees that after decades of neglect...
rent growth

Yardi Matrix reports on rent growth

Yardi Matrix released its January 2020 report on the multifamily housing market. The report shows that the fundamentals of the market remain strong but that new deliveries have caused occupancy levels to soften somewhat. Rents...
River Grove Apartments

CBRE sells Border City Mills and River Grove Apartments for $13.7 million

CBRE today announced the sale of Border City Mills located at 2 Weaver Street in Fall River, and River Grove Apartments located at 4516 North Main Street in Fall River for $13,700,000. CBRE multi-housing experts...
West Creek Apartment Homes

Suburban Houston multifamily asset sale brokered by Institutional Property Advisors

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of West Creek Apartment Homes, a 228-unit multifamily asset in Conroe, Texas. “With an annual population growth of 7.8 percent, Conroe was...
construction commodities

Construction materials prices up moderately in January

The Bureau of Labor Statistics (BLS) released its producer price index report for January 2020. It showed that overall prices for processed goods for intermediate demand fell by 0.3 percent in the month after...
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