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News
Ariel Property Advisors Arranged Multifamily Portfolio Sale in the Bronx
1+ day, 23+ hour ago (151+ words) Yield PRO Ariel Property Advisors arranged the sale of a three-building multifamily portfolio at 2460 Grand Ave. and 636-646 E. 231st St. in the Bronx for $7.5 million. Senior director Sam Schertz, director Daniel Mahfar and investment sales associate Erik Maloney represented the seller. “This…...
Morgan Stanley Pays $91M for Tampa Florida Multifamily Senior Communities
4+ day, 18+ hour ago (411+ words) Morgan Stanley Investment Management has purchased two senior communities totaling 299 units in the Tampa, Fla., and Orlando, Fla., metro areas, through its Morgan Stanley Real Estate Investing funds. The portfolio comprises the 193-unit Sonata Lake Mary in Lake Mary, Fla.,…...
Waterton Acquires 482-Unit Reserve at Chino Hills Apartments in Chino Hills California
4+ day, 18+ hour ago (468+ words) Yield PRO Waterton, a national real estate investor and operator, announced it has acquired Reserve at Chino Hills, a 482-unit rental community in Chino Hills, CA. The 20-acre garden style community at 4200 Village Dr. comprises 46 residential buildings and a clubhouse....
Hunington Residential Sells Its Third Houston Multifamily Disposition The Vic at Jordan Ranch
4+ day, 21+ hour ago (163+ words) yieldpro.com Hunington Residential, the residential development arm of Hunington Properties, Inc., announced the sale of The Vic at Jordan Ranch, a 365 unit, approximately 302,619-square-foot multifamily community located at 2011 Texas Heritage Parkway in Katy, Texas, to an institutional buyer. The…...
BWE Secures $71M in Financing to Fund Acquisition of Las Vegas Multifamily Community
4+ day, 20+ hour ago (96+ words) yieldpro.com BWE, a national commercial and multifamily mortgage banking company, announced today that it has secured two loans totaling $71 million for the financing of 536 multifamily units in Las Vegas, Nevada. BWE stands as a national, full-service commercial and multifamily…...
Interra Realty Brokers $19.2M Sale of Loft Apartment Building in Chicago's River North Neighborhood
4+ day, 21+ hour ago (322+ words) Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $19.2 million sale of Paper Box Lofts, a 35-unit multifamily building at 153-157 W. Ohio St. in Chicago’s River North neighborhood. The transaction equates to $548,571 per unit. Interra Senior…...
Marcus & Millichap Closes Suburban Chicago Multifamily Property Sale
5+ day, 22+ hour ago (91+ words) Yield PRO Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Fox Run Apartments, a 220-unit multifamily asset in St. Charles, Illinois. Built in 1973 on 7.5 acres…...
Marcus & Millichap Arranges Sale of Multifamily Asset in Upstate New York
5+ day, 22+ hour ago (147+ words) Yield PRO Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Meadow East, a multifamily property in Potsdam, New York. Gault, Seth Glasser and Mike Fusco…...
Marcus & Millichap Brokers Two Santa Monica Multifamily Portfolio Sales
5+ day, 22+ hour ago (229+ words) Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of two multifamily properties at 947 4th St. and 914 5th St. in Santa Monica, California. Each property sold for more than…...
Multifamily Property Roselle Grande in New Jersey Sells in Deal Arranged by Sage Reale Estate Advisors
1+ week, 4+ day ago (274+ words) The trade demonstrated SAGE’s hands-on approach to steering complex commercial real estate transactions past the finish line by intervening during the closing process to resolve long-standing municipal permit issues. During the seller’s deliverables phase, the transaction encountered an unresolved permit…...