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PRESS RELEASE: HFF Closes Sale of The Brentdale in Plano, Texas

2013-08-14 21:12:00| National Real Estate Investor

Kristen Murphy HFF closed the sale of The Brentdale, a 412-unit, multi-housing community in Plano, Texas. HFF marketed the property on behalf of the seller, a joint venture between Intercontinental Real Estate Corporation and the Pinnacle Family of Companies. read more

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PRESS RELEASE: Marcus & Millichap Capital Corp. Arranges $5 Million Multifamily Refinance in Alice, Texas

2013-08-14 19:17:00| National Real Estate Investor

Gina Relva ALICE, TEXAS – Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate financing and capital markets expertise, has arranged a $5,000,000 refinance for a multifamily garden apartment asset in Alice, Texas. Michael Laurencelle, an associate director in the firm’s Austin office, arranged the loan. read more

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PRESS RELEASE: Marcus & Millichap Arranges Sell of Los Angeles County Multifamily for $9.9 Million

2013-08-14 19:15:00| National Real Estate Investor

Gina Relva TORRANCE, Calif., Aug. 13, 2013 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has arranged the sale of 3708 Spencer St., a 44-unit apartment complex located in the southwestern Los Angeles County coastal community of Torrance. The sales price of $9.9 million equates to $225,000 per unit. read more

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PRESS RELEASE: Marcus & Millichap Arranges Sale of 480-Unit Multifamily in Phoenix

2013-08-14 19:14:00| National Real Estate Investor

Gina Relva PHOENIX, Aug. 13, 2013 – Marcus & Millichap Real Estate Investment Services, has arranged the sale of The Retreat, a 480-unit apartment community in Phoenix. The terms of the sale were not disclosed.       Steve Gebing, a vice president investments and Cliff David, also a vice president investments, both in Marcus & Millichap’s Phoenix office, represented the seller, a publicly traded real estate investment trust. The buyer, based in Salt Lake City, is Bridge Investment Group Partners, manager of the ROC Fund. read more

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PRESS RELEASE: Marcus & Millichap Arranges Sale of 480-Unit Multifamily in Phoenix

2013-08-14 19:12:00| National Real Estate Investor

Gina Relva PHOENIX, AZ – Marcus & Millichap Real Estate Investment Services, has arranged the sale of The Retreat, a 480-unit apartment community in Phoenix. The terms of the sale were not disclosed.       Steve Gebing, a vice president investments and Cliff David, also a vice president investments, both in Marcus & Millichap’s Phoenix office, represented the seller, a publicly traded real estate investment trust. The buyer, based in Salt Lake City, is Bridge Investment Group Partners, manager of the ROC Fund. read more

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