Marcus & Millichap Brokers $12.5M Sale of Affordable Seniors Housing Property in Southern California
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Marcus & Millichap Arranges Sale of Multifamily Portfolio in Illinois
Marcus & Millichap announced the sale of a 134-unit multifamily portfolio in Berwyn and Maywood, Illinois. “This transaction highlights the continued demand for multifamily assets in western Cook County, where investors remain attracted to strong suburban fundamentals and convenient access to Chicago,” said Sam Antreasian, director of investments. “By acquiring 134 units across five buildings in a single transaction, the buyer gains immediate sc…
Marcus & Millichap Brokers $12.5M Sale of Affordable Seniors Housing Property in Southern California
LA MESA, CALIF. — Marcus & Millichap has brokered the $12.5 million sale of Guava Gardens, an affordable seniors housing property in La Mesa. Los Angeles-based Positive Investments was the buyer. Built in 1986, the property totals 81 units, with 40 studio apartments and 41 one-bedroom apartments. Residences are reserved for seniors aged 62 and older. Amenities at the community include a pool, spa, recreation room, outdoor gathering areas, laund…
Marcus & Millichap brokers sale of 84-unit apartment property in Schofield
Marcus & Millichap negotiated the sale of Schofield Mill Apartments, an 84-unit multifamily property in Schofield, Wisconsin. The property sold for $15 million, or $178,571 per unit. Dan Bowar, investment specialist in Marcus & Millichap’s Milwaukee office, marketed the property on behalf of the seller, Schofield Mill Apartments, LLC, and procured the buyer, a Wisconsin-based investor. Schofield Mill Apartments is situated on 1.54 acres along t…
Marcus & Millichap Arranges Sale of Lincoln Family Housing in Ruston Louisiana
Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Lincoln Family Housing, a 40-unit apartment property in Ruston, Louisiana. “Ruston continues to be a compelling growth market in North Louisiana,” said Evan De Blanc, associate. “We’re bullish on the […] The post Marcus & Millichap Arranges Sale of Lincoln Family Housin…
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