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Brookfield Buys Mountain View Apartment Asset for $292MM

(EDITOR’S NOTE: According to public documents, the buyer of the property is Brookfield Properties, which paid $292,000,000, or $884,848 per unit, including the...

FinanceINDUSTRY newsResidential

Essex Spends $414MM on Three Apartment Deals in the San Francisco Bay Area

By Jon Peterson San Mateo-based Essex Property Trust has acquired three apartment complexes in Emeryville, Menlo Park and Redwood City with the total...

FinanceINDUSTRY newsNews ReleasesResidential

Nuveen Sells Redwood City Apartment Property for $88.65MM

REDWOOD CITY, Calif., Oct. 2, 2019 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Township Apartments, a 132-unit...

FinanceINDUSTRY newsNews ReleasesResidential

Foundry Commons in San Jose Sells for $110.25MM

SAN JOSE, Calif., Jan. 14, 2019 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale...

FinanceINDUSTRY newsNews ReleasesResidential

Hidden Creek Apartments in Martinez Trades for $47.5MM

MARTINEZ, Calif., Jan. 11, 2019 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of...

FinanceINDUSTRY newsNews ReleasesResidential

250-Unit Union City Apartment Complex Sells for $91.5MM

UNION CITY, Calif. – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Sora Apartments,...

FinanceINDUSTRY newsNews ReleasesResidential

New Standard Equities Buys The Mark, a 150-Unit Property in Hayward for $44MM

IPA Brokers $44 Million East San Francisco Bay Area Apartment Asset Sale HAYWARD, Calif., Dec. 12, 2018 – Institutional Property Advisors (IPA), a...

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Decron Properties Acquires Multifamily Community in San Jose for $84.6MM

Acquisition of 208-Unit Willow Creek Increases Decron’s Footprint in Northern California to Five Properties. Los Angeles, CA (Nov. 15, 2018) — Decron Properties...

CommercialFinanceINDUSTRY newsResidential

Rockpoint Group Buys Alameda Apartment Complex for $193.2MM

By Vladimir Bosanac As long as housing woes continue in the Bay Area and the supply remains low, the region will likely continue...

FinanceINDUSTRY newsResidential

Magnolia Capital Pays $140MM to Buy Oakland Apartment Complex

By Jon Peterson Chicago-based Magnolia Capital has acquired the 264-unit Domain apartment complex in Oakland for $140 million, or $530,000 per unit, according...

INDUSTRY newsNews Releases

Two Fairfield Multifamily Assets Sell for $49.7MM

FAIRFIELD, Calif., Feb. 28, 2018 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announces the sale of Avery...

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Marcus & Millichap Hires Scott M. Holmes to Lead Its National Retail Division

CALABASAS, Calif. – Marcus & Millichap (NYSE: MMI) announced that Scott M. Holmes has joined the firm as senior vice president and national...

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