Institutional Property Advisors brokers suburban Tacoma multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of the Pointe East Apartment Homes, a 124-unit multifamily asset in Fife, Washington. The property traded for $31.75 million, which equates...
Intercontinental Real Estate Corporation and MG Properties acquire 178-unit apartment community in Agoura Hills,...
Intercontinental Real Estate Corporation in joint venture with MG Properties has acquired The Lexington Apartments, a 178-unit apartment community in the Southern California community of Agoura Hills for $87.3 million.
Built in 1986, The Lexington...
Universe Holdings acquires $53.370 million multifamily property in California’s Inland Empire
Universe Holdings has acquired the Stonegate Apartments (Stonegate), a 160-unit multifamily community in Southern California’s Inland Empire city of Riverside, in an off-market transaction worth $53.370 million.
Built in 1987, Stonegate offers a mix of...
Institutional Property Advisors brokers Inland Empire multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Stonegate Apartments, a 160-unit multifamily asset in Riverside, California.
“With average rents in the Riverside submarket projected to grow 7.9 percent...
Trion Properties repositions and recapitalizes two multifamily communities totaling 373 units in Greater Portland,...
Trion Properties, a multifamily investment sponsor and private equity real estate firm based in West Hollywood, California and Miami, Florida, has recapitalized a multifamily portfolio in the greater metropolitan area of Portland, Oregon, in...
Levin Johnston completes sale of multifamily portfolio in San Mateo County, California for $11.5...
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, has successfully completed the following transactions: An 8-unit multifamily...
Institutional Property Advisors brokers San Fernando Valley apartment asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Addison Arms Apartments, a 57-unit apartment building in the Sherman Oaks neighborhood of Los Angeles, California. The property sold for...
MBK Rental Living sells Blue Oak Multifamily Community in California’s Central Coast
MBK Rental Living is delighted to have successfully executed the sale of Blue Oak, a 142-unit Class A luxury apartment and townhome community in Paso Robles, California, to a private Los Angeles owner. The...
Institutional Property Advisors brokers sale of luxury multifamily asset in Silicon Valley for $193...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Eleanor, a newly constructed, 333-unit Class A multifamily asset, including over 10,500 square feet of retail space. The property is...
Institutional Property Advisors closes Newcastle multifamily property sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Cedar Rim, a 104-unit multifamily asset in Newcastle, Washington. The $53 million sales price equates to $509,615 per unit.
“Overlooking Lake...
Institutional Property Advisors brokers suburban Seattle multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Woodbrook, a 100-unit apartment property in Everett, Washington. The property sold for $31.3 million, which represents $312,750 per unit.
“Located in...
The Mogharebi Group brokers sale of 168-unit multifamily community in Bakersfield, California
The Mogharebi Group (TMG) has arranged the sale of Tyner Ranch Apartments, a 168-unit multifamily community in the Central Valley city of Bakersfield, Calif. for nearly $31 million. Mark Bonas, Senior Vice President for...
The Hoffman Company brokers 18-acre parcel in Riverside, California, for mixed-use development
The Hoffman Company, recently brokered the sale of a 482-unit apartment project on approximately 18 acres, part of a larger 35-acre mixed-use development called The Exchange being developed by the seller, AFG Development LLC....
$75 million in refinancing secured for Long Beach multihousing community
JLL Capital Markets announced that it has arranged the $75 million refinancing for The Landing at Long Beach, a 206-unit garden-style apartment community in Long Beach, California.
JLL represented the borrower, Silver Star Real Estate,...
Stepp Commercial completes $5.5 million sale of 11-unit apartment asset in Santa Monica, California
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $5.5 million sale of an 11-unit apartment property located at 917 6th Street in Santa Monica, Calif. The property,...
