Institutional Property Advisors
Invesco Pays $99.6MM to Buy Mason Flats Apartment Complex in Pleasanton
By Jon Peterson Atlanta-based Invesco Real Estate has paid $99.6 million or $474,000 per unit to acquire the 210-unit Mason Flats at Township...
Oregon Pension Fund Pays $86MM to buy Apartment Complex in San Francisco’s Mission Bay
By Jon Peterson Oregon Public Employees Retirement Fund has acquired the Eviva Mission Bay apartment complex in the Mission Bay neighborhood of San...
$32.5MM Multifamily Bridge Loan Arranged by IPA Capital Markets
SAN JOSE, Calif., Aug. 29, 2017 – Institutional Property Advisors (IPA) Capital Markets, has arranged $32.5 million in bridge financing for Terra Willow...
Terra Willow Glen, a 112-Unit Apartment Property in San Jose Gets $32.5MM in Bridge Financing
(EDITOR’S NOTE: According to public records, the property sold in February of 2017 for $42.5MM. The buyer was an entity associated with Roseville,...
GID Buys San Francisco Apartment Complex for $86MM
By Jon Peterson Boston-based General Investment and Development has acquired the 129-unit Eviva Mission Bay apartment complex in San Francisco for $86.25 million,...
Greystar Buys Sunnyvale Apartment Complex for $107MM
By Vladimir Bosanac Charleston, SC-based Greystar is making its footprint in the Bay Area larger. The company just spent $107 million, or $557,291...
Marcus & Millichap’s IPA Division Hires Veteran Investment Broker Kenneth J. Szady as National Director, IPA Office and Industrial
CALABASAS, Calif.–Marcus & Millichap (NYSE: MMI) announced its Institutional Property Advisors (IPA) division has named Kenneth J. Szady national director, IPA Office and...
The Villa at San Mateo Sells for $46.5MM
(EDITOR’S NOTE: According to public documents, Acacia purchased the asset in July of 2010, when it paid $18,750,000. According to CBRE, the company...
Campbell Plaza Apartment Complex Sells for $45MM
Nestled in south Silicon Valley just minutes from downtown San Jose, Campbell is a town of roughly 40,000 people that has seen a...
636-Unit Sacramento Asset Sells for $74MM
CITRUS HEIGHTS, Calif.–Marcus & Millichap (NYSE:MMI) today announced its Institutional Property Advisors (IPA) division has arranged the sale of Montage Apartments, a 636-unit...
Bascom Group Buys Fremont Apartment Asset for $63MM
Over the last few years, the city of Fremont has been able to capture its fair share of developer interest. The East Bay...
TIAA Buys Redwood City Apartment Asset for $213MM
If there is one city on the Peninsula that had approached development with open arms, that city is Redwood City. And TIAA Global...
