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Seattle Office Building to be Converted Into Multifamily Housing

Seattle Office Building to be Converted Into Multifamily Housing

by Phil Hall | Jan 4, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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 Brokers $171 Million California Multifamily Portfolio Sale

Institutional Property Advisors Brokers $171 Million California Multifamily Portfolio Sale

by Phil Hall | Dec 18, 2023 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Adam Podbelski Joins Horvarth & Tremblay as SVP

Adam Podbelski Joins Horvarth & Tremblay as SVP

by Phil Hall | Dec 11, 2023 | Current News & Events, Real Estate News, WRE News Exclusive

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...
Minto Apartment REIT Closes Sale on Two Remaining Edmonton Properties

Minto Apartment REIT Closes Sale on Two Remaining Edmonton Properties

by Phil Hall | Dec 11, 2023 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

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 Adds South Florida Community to its Portfolio

Ashcroft Capital Adds South Florida Community to its Portfolio

by Phil Hall | Dec 8, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
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