ABI Multifamily brokers 16-unit North Central Phoenix multifamily apartment community for $5 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $5,000,000 / $312,500 per unit / $313.91 per square foot sale of Villa D'Oro Apartments,...
$300 million in multifamily sales closed in three weeks
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces that Steve Gebing and Cliff David closed six multifamily property transactions totaling $300 million and 1,557 units between April 12 and May 4...
Institutional Property Advisors closes multifamily asset sale in New York’s Capital District
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Country Gardens Apartments, a 168-unit multifamily asset in Troy, New York.
“Owned by the same family since its construction in 1985,...
Kiser Group adds Marco Cesario to brokerage team
Kiser Group, Chicago’s leading multifamily brokerage firm, announces Marco Cesario as the firm’s newest broker. Cesario, 38, has brokered more than $100 million of land, multifamily, mixed-use, residential, retail and office leasing transactions in...
Multifamily property values rise, but not uniformly
Recent reports from CoStar and from Real Capital Analytics (RCA) show that multifamily property values continued to increase through the end of 2020, despite the pandemic.
Defining the indices
The CoStar report focuses on a relative...
Southeast Valley multifamily asset sale negotiated by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Saratoga Apartments, a 286-unit multifamily asset in Mesa, Arizona. The property sold for $35,175,000, which represents $122,990 per unit.
“Mesa’s strategic...
Court keeps CDC eviction moratorium in place
On June 2, a ruling by a three judge panel of the U.S. Court of Appeals for the D.C. Circuit effectively kept the Centers for Disease Control’s (CDC) nationwide eviction moratorium in place despite...
JLL Capital Markets arranged the acquisition financing for Lightner Creek Village Apartments in Durango
JLL Capital Markets announced that it has arranged $4.95 million in acquisition financing for Lightner Creek Village Apartments, a 35-unit multihousing community in Durango, Colorado.
JLL worked on behalf of the borrower, Trailbreak Partners, to...
Two KTGY designs selected as 2019 NMHC Innovation Challenge Finalists
KTGY Architecture + Planning announced today that the National Multifamily Housing Council (NMHC) has named its five finalists for its 2019 Innovation Challenge competition with KTGY receiving two finalist honors for “Park House |...
R.D. Olson Construction completes $24 million affordable mixed-use development in Los Angeles
R.D. Olson Construction, an award-winning general contracting firm in California, has completed construction on The Curve at West Angeles, a 70-unit, 80,000-square-foot affordable mixed-use community in the Park Mesa Heights neighborhood of Los Angeles....
Mesa West Capital provides loans totaling $109.8 million to fund acquisition of Denver industrial...
Mesa West Capital has provided the acquisition financing for a two-property multifamily portfolio in the Seattle-Tacoma metro and a 345,000-square-foot industrial complex in Denver, CO and, in separate transactions totaling $109.8 million.
Mesa West Capital...
1,546-bed student housing portfolio sale brokered by the Shin and Zylstra Team of Marcus...
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of the Rexburg Portfolio, an eight-property, 1,546-bed student housing portfolio located...
Cushman & Wakefield arranges sale of Hilltop Apartments at Daytona
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Hilltop Apartments at Daytona, a 128-unit apartment community located at 464 Brentwood Dr.
Mike Donaldson and Nick Meoli of Cushman...
Meridian Capital Group arranges $115 million in financing for the construction of a multifamily...
Meridian Capital Group, America’s most active dealmaker, arranged $115 million in financing for the cash-out refinance of a multifamily property midway through construction in Brooklyn, NY on behalf of Hampshire Properties.
The loan, provided by...
Marcus & Millichap negotiates the sale of a 65-unit multifamily complex for $11.65 million
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of City View Apartments, a 65-unit complex in Fort Lauderdale, Florida. The...
