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PRESS RELEASE: Jones Lang LaSalle Secures $82M in Financing for Chicago Multifamily Portfolio

2013-11-20 22:07:00| National Real Estate Investor

Megan Dolan The firm has secured financing for the three multifamily assets totaling 1, 514 units on behalf of new ownership that includes Redwood Capital Group, LLC. BH Management Services provides third management for the assets located in Westmont, Waukegan and Crest Hill. read more

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PRESS RELEASE: Lee & Associates Berzack Investment Property Advisors Transacts Development Land Sale Entitled for 54 Multifamily Units

2013-11-19 19:24:00| National Real Estate Investor

Shelly Garcia Berzack Investment Property Advisors, a multifamily specialty group of Lee & Associates-LA North/Ventura, transacted the sale of a development site entitled for 54 apartment units with retail and restaurant space at 12409 and 12425 Victory Boulevard in North Hollywood. read more

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PRESS RELEASE: Institutional Sales Push New York City's Multifamily Volume Up 71 Percent Year-Over-Year In September

2013-11-19 19:13:00| National Real Estate Investor

Gail D. New York City's multifamily market showed year-over-year gains across all metrics in September with the number of buildings sold and the dollar volume of the trades jumping 64 percent and 71 percent, respectively, according to Ariel Property Advisors. read more

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PRESS RELEASE: $45 Million Southwest Florida Multifamily Sale Arranged by Jamie B. May of IPA Florida

2013-11-18 16:55:00| National Real Estate Investor

Gina Relva Institutional Property Advisors (IPA), a multifamily brokerage division of Marcus & Millichap serving the needs of institutional and major private investors, has arranged the sale of River Reach Apartments, a 556-unit apartment complex located on the Gordon River in Naples, Fla. The $45 million sales price equates to $81,000 per unit. read more

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Is Growth in the Multifamily Sector Sustainable?

2013-11-13 16:34:00| National Real Estate Investor

By Michael Bull The multifamily market, the so-called darling of commercial real estate, isn’t losing that title any time soon. The third quarter demonstrated once again how stable the sector is, as occupancy held steady and rents continued to rise, albeit at a more normal pace. read more

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