Capstone AP Brokers $20M Asset in Fayetteville, NC MSA

RAEFORD, NC – Capstone Apartment Partners successfully brokered the sale of Stone Gables in Raeford, located two miles west of Fayetteville, NC. Hackett Builders sold the property to EB Real Estate Group for $20M, or $104,167 per unit. “New ownership recognized the potential to enter the Fayetteville multi-family market in the…

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Ackerman & Co. Sells 200-Unit Apartment Building for $10MM

Atlanta, August 5, 2014 – Ackerman & Co. has brokered the sale of a 13.8-acre, 200-unit apartment building complex, in St. Marys, Ga. for $10,000,000. The Property, built in 1991, comprises 29 buildings, and is located near Georgia Highway 40, less than 3 miles from the naval submarine base. “The…

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M&M Arranges Sale of 172-Unit Apartment Building in Metro Dallas

CARROLLTON, TEXAS — Marcus & Millichap has arranged the sale of Fox Creek Apartments, a 172-unit apartment property located in Carrollton.John Barker and Mark Allen of Marcus & Millichap’s Fort Worth office secured the buyer, a limited liability corporation based in New York. Fox Creek Apartments is located at 1910 S….

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ARA Newmark Closes $48.6-Million Sale of South Florida Portfolio

Strong Property Performance and Value-Add Options Draws Fierce Bidding West Palm Beach and Miami Gardens, FL (August 2016) — In a two-part transaction, ARA, A Newmark Company (ARA Newmark) announced the sale of assets in a South Florida portfolio comprising Serrano in West Palm Beach and Park Plaza Apartments in Miami…

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