Copper Creek, a 274-unit asset in Fort Worth, and Highland Bluffs, a 357-unit asset in Dallas, recently sold for $71.5 million. The sale was orchestrated and coordinated by Al Silva, senior managing director of investments and Ford Braly, both of Marcus & Millichap’s Dallas-Fort Worth office. Silva and Braly represented the sellers and procured the More
The U.S. multifamily market should continue to enjoy steady growth across the sector for at least the next 1-3 years. During a June 22 webcast “Actionable Insights from Industry Leaders,” hosted by Marcus & Millichap and moderated by John S. Sebree, senior vice president/national director, Multi-Housing Division, a panel of market experts/leaders shared insights into More
Northwoods Estates Apartments, a garden style apartment community in North Brunswick, N.J., has sold for $63.5 million. Gebroe-Hammer Associates, a N.J. — based brokerage specializing in multifamily properties, has arranged the off-market sale as the first part of a 1031 property exchange. The firm’s executive vice president, David Jarvis, and executive managing director, Joseph Brecher, More
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