$11.9 million sale of two historic multifamily properties in prime East Orange location
Gebroe-Hammer Associates’ Executive Managing Director and East Orange market specialist David Oropeza has brokered the $11.9 million sale of 17 Summit Street and 60 North Arlington Avenue Apartments, two historic East Orange residential properties...
Los Angeles-area multifamily asset trades for $49.6 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Alivia Apartments, a 128-unit multifamily property in Whittier, California. The leasehold interest of the property sold for $49,625,000,...
Marcus & Millichap brokers sale of luxury student-housing townhomes in Tallahassee, Florida
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Highlands, a 78-bed student housing asset in Tallahassee, Florida. The...
ABI Multifamily brokers 260-unit West Phoenix apartment community for $49.75 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $49,750,000 / $191,346 Per Unit / $281.24 Per SF sale of Dimension on 27th Apartment...
Trion Properties acquires 104-unit multifamily community in Sacramento, California for $23.6 million
Trion Properties, a multifamily investment sponsor and private equity real estate firm based in West Hollywood, California and Miami, Florida, announces the acquisition of 1503 Fulton Avenue, a 104-unit multifamily community located in Sacramento,...
JLL Capital Markets arranges $48 million non-recourse construction financing for Solamar Wildwood
JLL Capital Markets announced that it has arranged $48 million in construction financing for the development of Solamar Wildwood, a 243-unit, build-to-rent townhome and villa community located in Wildwood, Florida and adjacent to The...
Avanath Capital Management acquires high-rise apartment community in Brooklyn for $101.25 million
Avanath Capital Management, LLC (Avanath), a private real estate investment management firm, announces the acquisition of 7 DeKalb, a 251-unit multifamily property located in the Brooklyn borough of New York City, New York for...
$24.3 million financing secured for six affordable housing assets in Seattle
JLL Capital Markets announced that it has secured $24.3 million in acquisition financing for a six-asset affordable housing portfolio, consisting of 354 small efficiency dwelling units (SEDUs) located in infill Seattle, Washington.
JLL worked on...
Institutional Property Advisors brokers multifamily asset sale in Greater Los Angeles
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of South Hills Apartments, an 85-unit apartment property in West Covina, California. The $38.25 million sales price equates to $450,000 per...
Marcus & Millichap closes the sale of a 39-unit apartment building for $6.235 million...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Breezy Palms, a 39-unit apartment complex located in Largo, Fla. The...
Berkadia arranges sale and finance of garden-style multifamily community in North Houston
Berkadia announces it has arranged the sale and finance of Cypress Parc, a 200-unit garden-style multifamily community in Houston, Texas. Managing Directors Chris Young and Joey Rippel, Director Kyle Whitney, Managing Director Jeffrey Skipworth...
PEF Advisors acquires affordable apartment community for Seniors in Chicago
Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, announced its recent acquisition of Belmont Place Senior Apartments, a 110-unit affordable...
Interra Realty brokers $11 million sale of TOD in Chicago’s Fulton River District
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 36-unit transit-oriented multifamily property in the Fulton River District of Chicago's West Loop neighborhood. The building sold...
Marcus & Millichap announces the sale of 105-room hotel in Jacksonville, Florida for $5.5...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Days Inn Baymeadows, a 105-room hotel located at 8255 Dix Ellis...
Ariel Property Advisors announces sale of adjacent Upper West Side multifamily buildings for $16.2...
Ariel Property Advisors has arranged the sale of two adjacent, six-story mixed-use buildings at 992-1000 Amsterdam Avenue on the Upper West Side near Columbia University for $16.2 million.
The acquisition was managed by an Ariel...
