Marcus & Millichap Arranges the Sale of a 154-Unit Apartment Building
Kyle Palmer
Managing Partner at PALMER REIS | Multifamily & Built-to-Rent Property Sales
HURST, TEXAS, June 29, 2018 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Oasis Springs, a 154-unit apartment property located in Hurst, TX, according to Kyle Palmer, Regional Manager/Vice President of the firm’s Fort Worth office.
Al Silva, Senior Managing Director Investments and Ford Braly, Senior Associate in Marcus & Millichap’s Fort Worth office, sold the property off-market on behalf of Dallas-based MBP capital to a Dallas-based investment group who will reposition the property to be a more attractive and competitive place to live for local families. The sale closed just 60 days after an agreement was reached between buyer and seller.
Oasis Springs is located at 601 Bellaire Drive in Hurst, Texas.
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About Marcus & Millichap (NYSE: MMI)
With over 1,800 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 9,000 transactions in 2017 with a value of approximately $42.2 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com
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6 年Great job, Al and Ford!