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News
Institutional Property Advisors Brokers 399-Unit Mid-Cities Texas Multifamily Sale
3+ day, 22+ hour ago (185+ words) Yield PRO Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) dedicated to serving the company’s institutional clients, announced the sale of The Preserve, a 399-unit multifamily asset in Grapevine, Texas. Completed in 2020, The Preserve is a three-story, garden-style…...
Marcus & Millichap Closes 247-Unit Multifamily Asset Sale in North Texas
4+ day, 21+ hour ago (139+ words) yieldpro.com Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Watson, a 247-unit multifamily property in Grand Prairie, Texas. The property is just off…...
Wingspan Development Group and UrbanStreet Group Form Strategic Alliance to Expand Real Estate Development Opportunities
2+ week, 1+ hour ago (191+ words) Yield PRO Two of Chicagoland’s most active development firms with national reach announced that they have completed a merger that will position both firms for accelerated growth: UrbanStreet Group and Wingspan Development Group, a national development arm of Nicholas Family…...
Greystar Acquires Master-Planned Mixed-Use Multifamily Development Project Parcel in Fredericksburg Virginia
2+ week, 2+ day ago (162+ words) Greystar has acquired a 34.2-acre land parcel in Fredericksburg, Va., with plans to build a master-planned community. The company paid $27 million for the site, in a transaction brokered by S.L. Nusbaum Realty Co. The development parcel, dubbed Ulmanor Farm, is located…...
PCCP and RPM Living Investments Joint Venture Acquire 358-Unit Texas Multifamily Mixed-Use Apartment Community
3+ week, 2+ day ago (104+ words) Yield PRO A joint venture between PCCP and RPM Living Investments has acquired Truman at Arlington Commons, a four-story multifamily community located at 505 E Lamar Boulevard in Arlington, TX. The price was not given out. Truman at Arlington Commons is…...
Fogelman Acquires The Ovilla a Luxury 288-Unit Multifamily Community in Dallas
3+ week, 4+ day ago (109+ words) Yield PRO Built in 2023, The Ovilla features apartment homes ranging from 600 to 1,351 square feet with rental rates starting at $1,715 per month. The recently acquired property is 95% occupied and will be managed by Fogelman. The capital improvement plan includes clubhouse and…...