Institutional Property Advisors finalizes $84.35 million multifamily asset sale in Suburban Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Watermark at Gateway Place, a 250-unit apartment asset in Gilbert, Arizona. The property sold for $84.35 million, which represents $337,400...
The RADCO Companies announces sale of Radius Palms in Tampa, Florida
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of Radius Palms, a 540-unit apartment community located at 14501 Caribbean Breeze Drive in Tampa, Florida. The property...
Cushman & Wakefield arranges $57 million sale on behalf of AHS Residential
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Deering Groves, a 281-unit garden-style apartment community located in Miami-Dade, Florida. The final sale price was $57 million.
Robert...
Cushman & Wakefield arranges $82.5 million sale of Swan Lake Apartments
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Swan Lake Apartments, a 640-unit apartment community located in Tampa, Florida. The final sale price was $82.5 million.
Mike...
Cushman & Wakefield arranges $65.1 million sale on behalf of Hathaway Development and PointOne...
Cushman & Wakefield has arranged the $65.1 million sale of Exchange at Holly Springs, a 316-unit apartment community located in Holly Springs, North Carolina, within the Raleigh MSA. Marc Robinson, Jordan McCarley, Robert Stickel...
Institutional Property Advisors negotiates $80.75 million apartment complex sale in Portland Oregon
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Sunset Summit, a 261-unit multifamily property in the West Hills neighborhood of Portland, Oregon. The property sold for $80.75 million,...
Marcus & Millichap arranges the sale of 31 apartments at the corner of Lincoln...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of DUET, located in the heart of Lincoln Park at the corner...
TOC zoned multifamily property in Pico Robertson neighborhood sells for $5.2 million
The Bedford Apartments, a multifamily land redevelopment property, located at 1442-1446 S. Bedford Street in Los Angeles, California, has been purchased by Trion Properties, Inc., a large real estate investment company, for $5,200,000. The...
Park Place at Riverside sells for $1.3 million
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Park Place at Riverside, a 12-unit apartment property located in Jacksonville,...
Passco Companies expands Texas portfolio with acquisition of 338-unit luxury apartment community in San...
Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., has acquired Lenox Overlook, a newly constructed 338-unit luxury apartment community...
Freddie Mac Multifamily to extend COVID-19 forbearance program
Freddie Mac has extended to March 31, 2021 the deadline for requesting a new or supplemental COVID-19 forbearance agreement for its Multifamily loans. The program was previously set to terminate at the end of 2020....
Davlyn Investments acquires Roseville apartment community
Davlyn Investments, a prominent California multifamily investment firm, recently closed escrow on the $95,000,000 purchase of “The Terraces at Highland Reserve,” a 273-unit, luxury, Class A, multifamily community in Roseville, California. The property, which...
Cityview and Townsend Group partner on $125 million Opportunity Zone project in Los Angeles
Cityview, a premier multifamily investment management and development firm, and an opportunity zone program managed by The Townsend Group, a leading provider of investment management and advisory services exclusively focused on real estate and...
Institutional Property Advisors completes luxury multifamily asset sale in Dallas-Fort Worth
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Huntington, a 320-unit, five-story luxury multifamily property in Plano, Texas.
“Located within the most prolific growth corridor in the country,...
36-unit apartment sold in Miami by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Flamingo Garden, a 36-unit apartment property located in Miami, Florida, according...
