Marcus & Millichap Closes $71M Affordable Housing Asset Sale in Silicon Valley
July 18, 2024
July 18, 2024
ENCINO, California, July 18 -- Marcus and Millichap issued the following news release on July 16, 2024:
SAN JOSE, Calif., July 16, 2024 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Moreland Apartments, a 160-unit affordable housing asset in San Jose, California. The property sold for $71 million, or $443,750 per unit.
"On . . .
SAN JOSE, Calif., July 16, 2024 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Moreland Apartments, a 160-unit affordable housing asset in San Jose, California. The property sold for $71 million, or $443,750 per unit.
"On . . .