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  • 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.

    27 September 2017 14:26
  • JLL Arranges 430-Unit Vegas Sale

    Monogram Realty Trust sold Veritas Apartments in a transaction completed by JLL Vice Presidents John Cunningham and Charles Steele. Farnam Realty acquired the asset.

    09 August 2017 12:57
  • JV Scores 2 AZ Properties

    Modern Residential and Henley USA have acquired the 265-unit Sonoma Villas in Mesa and the 216-unit Sonoma Pines in Peoria.

    29 August 2017 17:22
  • Castle Lanterra Taps New COO

    Edmund Hannon brings more than 30 years of experience to his position, having previously served in various executive roles at Quest Global Advisors and Stamos Capital Partners.

    03 October 2017 20:13
  • Economy Watch: Apartment Rents Stabilize in Summer

    The national median rent increased in September to its highest point of 2017, hitting $1,018, according to a recent ABODO report. However, the increase is only up a bit from January, when the median was $1,016.

    06 September 2017 13:33
  • Economy Watch: Rents Volatile in Many Markets in May

    While nationwide apartment rents are still on the rise, several markets have recently faced spikes in rent, according to a recent ABODO report. Rent decreases going into June, on the other hand, were on the smaller side.

    07 June 2017 13:46
  • Chicago Rents Inch Up; Highest Increase in Douglas Neighborhood

    2016 was a year of moderate rent increases in the city of Chicago. The average price for a rental in Chicago went up 5.9 percent year-over-year, closing the year at $1,738/month.

    22 May 2017 20:05
  • 10 Markets with the Greatest Occupancy Loss

    Supply growth is outpacing demand in many areas, causing a decrease in occupancy rates. Here is a list of the 10 markets with the greatest loss in occupancy year-over-year as of April 2017.

    16 June 2017 15:50
  • JV Sells Downtown Santa Monica Mixed-Use Asset

    The Marcus & Millichap division represented Century West Partners and BlackRock Realty Advisors Inc., and also procured the buyer. Chelsea Santa Monica includes 53 units and almost 6,000 square feet of retail space.

    15 September 2017 09:09
  • 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.

    28 September 2017 18:01