Marcus & Millichap closes $53.4 million three-property Inland Empire multifamily sale
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a three-property multifamily portfolio in the Inland Empire region of Southern...
Decron Acquires Class A Multifamily Community Hangar at Thunderbird in Phoenix for $69M
Decron Properties has acquired Hangar at Thunderbird, a 266-unit gated luxury multifamily community located in Glendale, Arizona for $69 million.
Decron acquired Hangar at Thunderbird for $260,000 a unit, far below the average cost of...
Tower 16 Capital Partners acquires a 330-unit multifamily property in the Inland Empire for...
San Diego-based Tower 16 Capital Partners has acquired Sorelle Apartments, a 330-unit multifamily property located in Moreno Valley, Calif., for $85 million. The Sorelle Apartments project was built in 1986 and was acquired from...
Marcus & Millichap arranges the sale of a 44-unit apartment building in Saint...
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Sunrise Apartments, a 44-unit apartment property located in Saint Petersburg,...
Luxury San Francisco peninsula apartment sold by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, has announced the sale of Aperture, an 83-unit luxury multifamily community with approximately 6,600 square feet of retail space. Aperture is in San Bruno,...
Institutional Property Advisors Closes East Valley Land Sale for Upcoming Premiere at Eastmark Multifamily...
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of The Premiere at Eastmark 3.0,a fully entitled 8.55-acre multifamily development site in Eastmark, a master-planned community in Mesa, Arizona. The property sold...
Avison Young completes $7.5 million sale of 34-unit apartment property in Azusa, CA
Avison Young announced today the $7.5 million sale of Rockvale Apartments, a 34-unit, multifamily property located at 333 N. Rockvale Avenue in Azusa, CA (Los Angeles county).
Avison Young’s Peter Hauser, Matt Hauser and Masa...
Willow Bridge Presents Solverre, 303 Rentals Now Leasing in Chicago’s Uptown Neighborhood
Willow Bridge announces a new 303-unit multifamily development in Uptown Chicago, Solverre, is now pre-leasing and scheduled to open its doors this spring.
Situated at 4600 N Marine Drive, Solverre is just steps from Uptown’s...
Intercontinental Real Estate Corporation acquires 376-unit apartment community in Phoenix, Ariz. for $126 million
Intercontinental Real Estate Corporation (Intercontinental) has acquired Garden Grove Apartments, a 376-unit garden-style apartment complex in Tempe, Ariz. for $126 million. The acquisition marks Intercontinental’s fifth acquisition in Phoenix.
Garden Grove Apartments is located at...
Stepp Commercial completes $2.1 million acquisition of a 12-unit apartment property in Long Beach,...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $2.1 million acquisition of a 12-unit, value-add apartment property located at 1135 Dawson Avenue in Long Beach, CA.
Robert Stepp...
The Multifamily Group brokers 73 units in Shreveport
The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week it had facilitated Grand Oaks' sale in Shreveport. Managing Director Evan Burke represented the seller and procured the buyer.
"Northern Louisiana...
Is the U.S. dollar finished?
In August 2005, a little-known financial analyst named Richard Bove issued an eight-page report for Punk, Ziegel, and Company, a boutique investment bank based in New York City.
The report, titled “This Powder Keg Is...
Draper and Kramer celebrates grand opening of 61 Banks Street in Chicago’s Gold Coast
Draper and Kramer, Incorporated, last week celebrated the grand opening of 61 Banks Street, an eight-story, 58-unit boutique rental building at Banks Street and Lake Shore Drive, on the last developable lakefront parcel in...
Legacy Partners and AFL-CIO Building Investment Trust Open Kaulana Mahina Apartments in Maui
Legacy Partners, a privately held national real estate firm, and AFL-CIO Building Investment Trust, announced the opening of Kaulana Mahina Apartments, a 324-residence community in the Central Maui community of Wailuku, Hawai’i.
Designed as “workforce...
Remodeling market sentiment weakened in fourth quarter but remains positive
The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the fourth quarter, posting a reading of 66, declining 17 points compared to the fourth quarter of 2021.
“Remodelers...
