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...
Institutional Property Advisors brokers $49.5 million multifamily asset sale in North Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Deer Creek Village, a 308-unit multifamily complex in North Phoenix. The $49.5 million sales price represents $160,714 per unit.
“Thoughtfully...
Collaborating on Progressive Housing Solutions in Los Angeles’ Northeast New Beginnings Community
Ford E.C., a leader in inventive construction solutions, is proud to have been a crucial partner in addressing Los Angeles' housing crisis through its recent contribution to the Northeast New Beginnings Community project in...
Wilks Development and Frisco EDC Announce Partnership for Firefly Park to Bring 1,970 Rental...
Wilks Development and Frisco Economic Development Corporation signed a development agreement that launches Phase One of construction and development for Firefly Park. The project is a 242-acre mixed-use, master-planned development including 159 acres owned by...
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,...
Next Wave bolsters Pacific Northwest portfolio with acquisition of 65-unit multifamily community in Spokane...
Next Wave Investors, LLC (Next Wave), a private equity firm focused on value-add multifamily investments, has acquired Park Place Apartments, a 65-unit community in the Spokane submarket of Spokane Valley, Washington in an off-market...
Marcus & Millichap arranges the sale of a 43,255-square foot mixed-use building in Lady...
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Old Dixie Portfolio, a 30-unit rental townhome community and 7,500-square...
Marcus & Millichap arranges the sale of a 4-unit apartment building
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 6336 North Magnolia Avenue, a 4-unit apartment property located in Chicago,...
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...
Northmarq Brokers Sale of Regatta Apartment Homes in San Antonio
Northmarq’s San Antonio Multifamily Investment Sales team led by Zar Haro, Moses Siller, Bryan VanCura, Phil Grafe, Brian Booth, Rudy Dodier and Kevin Garza. successfully facilitated the sale of Regatta Apartment Homes, a 200-unit...
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...
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...
Marcus & Millichap sells Phoenix multifamily asset for $21 million
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Revival on Thomas, a 155-unit apartment complex in Phoenix. The...
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...
