Tag: News
Enodo identifies 9,000 undervalued multifamily properties nationwide
Enodo, an automated underwriting platform for multifamily real estate, recently applied its price and cap rate prediction algorithms to its database of 1.7 million...
HUD awards $5 million to 22 public housing agencies for emergency and security improvements
In an effort to keep public housing residents safe and secure, the U.S. Department of Housing and Urban Development (HUD) is awarding $5 million...
Largest market-rate apartment complex in West Hartford sold by IPA for $20.85 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Westwood Apartments, a six-building, 200-unit multifamily asset in West Hartford,...
San Gabriel Valley multifamily asset sold by IPA for $78.5 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Trails at San Dimas, a 288-unit apartment property in San...
Interra Realty brokers $8.2 million deconversion sale in Chicago’s Buena Park neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $8.2 million deconversion sale of 744 W. Gordon Terrace,...
North Bethesda’s Pike & Rose continues to revolutionize traditional neighborhood experience—From a rooftop farm...
Federal Realty announced today that the Ori robotic furniture system is now available at the residences at Pike & Rose. Ori systems can create...
$51.35 million age-restricted multifamily asset sale in Utah closed by Marcus & Millichap
Marcus & Millichap announces the sale of Rosegate Draper, a 277-unit age-restricted multifamily asset located in Draper, Utah. The property sold for $51.35 million,...
Levin Johnston directs two property sales totaling $11 million in Silicon Valley
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...
$30.2 million 55-plus affordable housing complex changes hands
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of...
Following court ruling, HUD moving forward on amending affirmatively furthering fair housing regulations
In the wake of a federal court decision upholding the U.S. Department of Housing and Urban Development’s approach to rule-making, HUD Secretary Ben Carson...
The Allen Morris Company, Juneau Construction Company ‘break ground’ on $130m Star Metals Residences...
On Thursday, Aug. 9, the customary ceremonial shovels were replaced with a 3,000-pound wrecking ball as The Allen Morris Company and Juneau Construction Company took part in a...
361-unit institutional asset trades after 25-year hold
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Cobble Creek, a 361-unit multihousing asset in Salt Lake City. “Developed...
$47.2 million buys seven-property Tennessee-Kentucky multifamily portfolio
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of...
Washington Property Company’s 8250 Solaire Georgia Avenue apartment building tops out
Washington Property Company (WPC) is celebrating the topping out of its latest luxury apartment community, Solaire 8250 Georgia Avenue. This amenity-rich 338-unit residence is...
First-half multifamily closings by IPA Texas top $876 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces that in the first six months of 2018, IPA Texas completed 24 multifamily...
