Tag: News
Institutional Property Advisors sells $26.2 million multifamily asset on Hollywood Boulevard in Los Angeles
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Guardian Arms Apartments, a 101-unit multifamily asset with 9,207...
Avison Young completes $7.5 million sale of 34-unit apartment property in Azusa, CA
Avison Young announced today the $7.5 million sale of Rockvale Apartments, a 34-unit, multifamily property located at 333 N. Rockvale Avenue in Azusa, CA...
Institutional Property Advisors closes luxury mixed-use asset sale in LA’s Koreatown
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of the Pearl on Wilshire, a seven-story, 346-unit multifamily property with 7,813 square feet of retail on...
Interra Realty brokers $3.5 million multifamily sale in Chicago’s Rogers Park Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of 7070 N. Sheridan Road, a 24-unit rental...
Historic Downtown Detroit mixed-use high-rise apartment and penthouse community to be fully redeveloped this...
Detroit-based City Club Apartments, a 100-year-old mixed-use multifamily pioneer, broke ground on the redevelopment of the formerly named Elmwood Park Plaza, an innovative and...
CBRE sells Hanover Cambridge Park to Guardian Life
CBRE announced the sale of Hanover Cambridge Park located at 80 Cambridge Park Drive in Cambridge, Massachusetts, to Guardian Life. CBRE Capital Markets’ multihousing experts...
Kiser Group brokers 930 North Blvd. in Oak Park for $8.3 million
Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered 930 North Blvd., a 48-unit, 7-story property in Oak Park, Illinois, for $8,300,000. Kiser Group’s...
Franklin Street closes $8.2 million multifamily asset sale in Miami-Dade MSA
Franklin Street has negotiated the sale of Ingram Park Apartments, a 118-unit rental community located at 14255 – 14460 NW 22nd Avenue in Opa-Locka,...
JLL arranges $35.5 million financing for The Jax
JLL Capital Markets announced today that it has arranged $35.5 million in financing for The Jax, a 322-unit multihousing property in Northwest San Antonio. JLL...
JLL arranges $6 million loan for 80 Terrace Street in Boston
JLL Capital Markets announced today that it has arranged a $6 million construction loan for the development of 80 Terrace Street, a nine-unit, boutique,...
The Habitat Company names Zack Zalar vice president of acquisition and investment
Chicago-based The Habitat Company, a leading U.S. multifamily developer and property manager, announced today that Zack Zalar has joined the team as vice president...
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...
California REALTORS urge legislature to act swiftly on SB 50 before January 31 deadline
The California Association of Realtors (CAR) issued the following statement on Sen. Scott Wiener’s Senate Bill 50, which would help address the state’s urgent housing shortage...
HUD issues improved Fair Housing rule
The U.S. Housing and Urban Development (HUD) published its proposed Affirmatively Furthering Fair Housing (AFFH) rule, which offers clearer guidance to states and local...
Maggie Spillane joins S.L. Nusbaum Realty Co.’s Norfolk office
S. L. Nusbaum Realty Co. (SLN) is pleased to announce that Maggie Spillane has joined the Shopping Center Leasing Division as a Leasing Associate. Before...