A vacant Seattle office property has been acquired for conversion into multifamily housing. Stream Real Estate, a Seattle-based developer and investor, has paid $7 million for Queen Anne Plaza, a four-story office building. The Seattle Times reported the company plans...
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), has announced the $171.25 million sale of a two-property, 399-unit multifamily portfolio in Thousand Oaks, California. The portfolio features Los Robles Apartments, a 253-unit...
Boston-headquartered Horvath & Tremblay, an investment real estate brokerage firm, has hired Adam Podbelski as senior vice president. Podbelski will be based in the Tampa office, which opened earlier this year, and his hiring is part of the firm’s expansion...
Ottawa-based Minto Apartment Real Estate Investment Trust (TSX: MI.UN) announced the closing of the sale of its remaining two properties located in Edmonton, Alberta. The York House and The Lancaster House encompass 190 units across the two properties. The total sale...
Ashcroft Capital, a New York City-based multifamily investment firm, has acquired Elliot Cocoplum, a garden-style community located midway between Boca Raton and Fort Lauderdale in Florida. Birchstone Residential, Ashcroft Capital’s in-house property management...