Suburban Seattle apartment complex sold by IPA for $34.5 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of RedHill Pines, a 168-unit garden-style apartment complex in Kent, Washington. The property sold for $34.5 million or $205,357 per unit....
Chatham Village Apartments sells for $35.25 million in transaction arranged by Gebroe-Hammer Associates
In Northern New Jersey’s extremely supply-constrained Short Hills Region multifamily investment submarket, Gebroe-Hammer Associates has orchestrated the $35.25M sale of 118 apartment-home units at Chatham Village Apartments in Chatham Township. The firm’s three Executive...
Stepp Commercial completes $2.85 million sale of a fully remodeled 12-unit apartment property in...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $2.85 million sale of a 12-unit apartment property located at 5558 to 5562 Dairy Avenue in Long Beach, CA.
Principal...
Cushman & Wakefield Negotiates $55.6M Sale of Broward County, FL Multifamily Community for Eastwind...
Cushman & Wakefield, as exclusive advisor, has negotiated the sale of Ventura Pointe, a premier garden-style apartment community in the Broward County city of Pembroke Pines. The Class A, 206-unit asset sold for $55.6...
LMC acquires Novel Stonewall Station Apartments
LMC, a leader in apartment development and management, today announced its acquisition of Novel Stonewall Station, a luxury transit-oriented apartment community located in Uptown, one of Charlotte's most sought-after rental submarkets. The transaction marks...
Marcus & Millichap arranges $7.5 million in multifamily transactions on Chicago’s North Side
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced it brokered two multifamily sales on Chicago’s North Side for a combined $7.5...
JLL arranges $8.37M acquisition loan for Boise apartments
JLL announced that it has arranged $8.37 million in acquisition financing for Chateau Park Apartments, a 71-unit, value-add, garden-style apartment community located near downtown Boise, Idaho.
JLL worked on behalf of the borrower, Allante Properties...
IPA sells newly constructed multifamily asset in Tarrant County, Texas
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of The Flats at 901, a 200-unit luxury apartment complex in Euless, Texas.
“The Metroplex’s robust employment and population growth continues...
Stepp Commercial completes $2.1 million sale of an 8-unit apartment property in prime Alamitos...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $2.1 million sale of an 8-unit apartment property located at 1010 E. 2nd Street in the prime Alamitos Beach...
3-property apartment portfolio trades for $48.25 million in Los Angeles, California
Transwestern Commercial Services (TCS) today announces it has brokered the sale of 131, 143 and 171 S. Burlington Ave., a three-property apartment portfolio comprised of 192 multifamily units in the emerging Westlake/MacArthur Park submarket...
JLL closes sale of Southwest Houston apartments
JLL announced today that it has closed the sale of Mark VI, a 144-unit, value-add multi-housing community in Southwest Houston’s affluent Bellaire submarket.
JLL marketed the property exclusively on behalf of the seller, AK Interests,...
Interra Realty brokers $1.55 million sale of 10-unit multifamily building in Chicago’s Avondale Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it has brokered the sale of 3501 N. Albany Ave., a three-story, 10-unit building in Chicago’s Avondale neighborhood. The asset sold for...
Elevate at Southwest Station Apartments Celebrated Grand Opening in Eden Prairie
Timberland Partners, a privately-owned real estate investment, development and management firm, celebrated the grand opening of Elevate at Southwest Station Apartments in Eden Prairie, Minnesota. Elevate features 222 upscale studio, one-, two-bedroom, and penthouse...
Trez Forman closes $16 million loan for condominium project in Clearwater-St. Petersburg area
The developer of the planned Avalon Beach Club in Clearwater Beach obtained a $16 million loan from Trez Forman Capital for the project. Most of the condominiums in the 34-unit building are expected to...
Trion Properties stays active in the East Bay with acquisition of 89-unit Hayward, California...
Trion Properties, a private equity real estate firm that specializes in value-add multifamily investments in niche western markets, has acquired Villa Morada Apartments, an 89-unit multifamily community in Hayward, California, for $25 million.
The acquisition...
