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News
City Realty Acquires Brookline Massachutssets Multifamily Portfolio for $23M
1+ day, 7+ hour ago (55+ words) Yield PRO City Realty has acquired a nine-building multifamily portfolio in Brookline, MA for $23.15 million. Colliers facilitated the sale on behalf of Ramon Realty. The portfolio, which features a 95% occupancy rate, totals 65,262 square feet across 49 residential units and three commercial…...
Ariel Property Advisors Arranged Multifamily Portfolio Sale in the Bronx
1+ day, 7+ 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…...
Related Company Pays $110M for Atlanta-Area Apartments
1+ day, 6+ hour ago (94+ words) Yield PRO Related Company paid $110 million for a 468-unit garden-style apartment complex in the Roswell/Alpharetta area. The seller was Post Real Estate Group. The Manchester at Mansell apartments were built in 1984 and offer one-, two-, and three-bedroom floor plans....
Institutional Property Advisors Brokers Oregon Multifamily Property Portfolio
2+ day, 3+ hour ago (144+ words) Yield PRO Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) dedicated to serving the company’s institutional clients, announced the sale of Oak Vale, a 257-unit property in Corvallis, and 181-unit Anjou Club in Talent. The two Oregon multifamily…...
Institutional Property Advisors Brokers 399-Unit Mid-Cities Texas Multifamily Sale
3+ day, 5+ hour ago (185+ words) Yield PRO Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) dedicated to serving the company’s institutional clients, announced the sale of The Preserve, a 399-unit multifamily asset in Grapevine, Texas. Completed in 2020, The Preserve is a three-story, garden-style…...
Marcus & Millichap Arranges Sale of 40-Unit Multifamily Property in Flint Michigan
3+ day, 6+ hour ago (88+ 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 Green Acres Apartments, a 40-unit multifamily community in Flint, Michigan. The property sold for $2,425,000, or…...
Waterton Acquires 482-Unit Reserve at Chino Hills Apartments in Chino Hills California
4+ day, 2+ 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....
New York State and Community Renewal Announces Completion of 72-Unit Mixed-Use Affordable Multifamily Development in Broome County
4+ day, 3+ hour ago (97+ words) yieldpro.com The development offers 12 supportive apartments for residents who will receive on-site services through the YMCA of Binghamton and Broome County. The supportive apartments are funded by an Empire State Supportive Housing Initiative and administered by the New York…...
Marcus & Millichap Closes 247-Unit Multifamily Asset Sale in North Texas
4+ day, 4+ hour ago (139+ words) yieldpro.com Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Watson, a 247-unit multifamily property in Grand Prairie, Texas. The property is just off…...
Berkadia Arranges $38.55M Refinancing for Tennis Towers Apartments in West Palm Beach Florida
4+ day, 4+ hour ago (204+ words) yieldpro.com Berkadia, a distinguished leader in the commercial real estate sector, announced that it secured $38.55 million in refinancing for Tennis Towers Apartments, a 306-unit multifamily community in West Palm Beach that has been owned and operated by Rich Properties…...