Business Specialties
A Truck-Sharing Service for Residents
Recently featured on ABC reality show, Truxx is a platform like Uber, but for trucks and vans so users can move large objects. Apartment buildings are now offering the service for new residents moving in.
Melo Group Tops Off Miami Community
Square Station includes 710 units and 15,000 square feet of commercial space for ground-floor retail and restaurant tenants.
Dougherty Secures Acquisition Loan in North Dallas
Dougherty Mortgage closed a $34.3 million Fannie Mae acquisition loan for a 240-unit community in Plano, Texas. The 10-year term loan has five years of interest-only payments and a 30-year amortization schedule.
Set Your Apartments Apart by Allowing Pets
While owners might see too much risk in allowing pets, these fears are usually based on myth, not fact. And the rewards commonly outweigh the costs.
Thrive Acquires 2 Senior Housing Properties, Launches Sister Firm
The acquisition expanded the company’s senior housing portfolio to four assets, which drove the firm to launch a new division—TFP Senior Living—headed by Anthony Fulco.
The Savvy Owner’s Road Map for Success
An expert from Marcus & Millichap discusses the importance of taking a strategic look at your current real estate holdings as we approach the end of this cycle amidst the uncertainties of tax reform, rising interest rates and inflationary pressures.
Empire Square Group Sells 980-Unit TX Portfolio
Marcus & Millichap represented the seller in the transaction and procured the buyer, Falls Apartment Group. The portfolio comprises Alta Vista and Las Villas, two communities located in Pasadena.
Elite Street Capital Lands Atlanta Apartments
The company acquired Waterford Point from PointOne Holdings and Biscayne Atlantic. Built in 1989, the 344-unit community is located in Lithia Springs.
Finlay Expands Management Portfolio With FL Community
The firm will manage Jackson Square Apartments in Tallahassee, a property that has recently been purchased by Finlay’s sister multifamily investment company, Lloyd Jones Capital.
Texas Apartments Change Hands
RailField Realty Partners has acquired Cedars of San Marcos, a 168-unit property in San Marcos. The company plans to spend approximately $2 million on renovations.