Tempe, Ariz. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of West Sixth, a student housing community located steps from Arizona State University in Tempe. An undisclosed buyer acquired the asset for $123 million. Peter Katz,
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New Haven, Conn. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Cambridge Oxford Apartments, a three-building, 84-unit multifamily community located near Yale University in New Haven. An affiliate of Paredim Partners LLC
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New Rochelle, N.Y. — Marcus & Millichap Capital Corp. has arranged a $16 million loan for the refinancing of a 282-bed student housing community located at 17 Locust Ave. in New Rochelle, a northern suburb of New York City. The newly
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Normal, Ill. — Marcus & Millichap has arranged the sale of Lincoln Park Townhomes in Normal for $6.8 million. The 39-unit student housing property is located at 609 S. Fell Ave. near Illinois State University. Each unit features four bedrooms
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Tyler, Texas — Marcus & Millichap has arranged the sale of The Reserve, a 324-bed student housing community located near the University of Texas at Tyler.
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Elon, N.C. — Marcus & Millichap has arranged the sale of University Pointe, a 54-bed student housing community located near Elon University in Elon, North Carolina.
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Provo, Utah — Marcus & Millichap has arranged the sale of Pacific Heights Apartments, a 336-bed student housing community located near Brigham Young University in Provo.
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Fort Collins, Colo. — Marcus & Millichap has arranged the $24.6 million sale of Lokal CSU, a 194-bed student housing property located one block away from the Colorado State University (CSU) campus in Fort Collins.
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Grand Rapids, Mich. — Marcus & Millichap has arranged the sale of the Lofts @ 5 Lyon, a 65-unit, 175-bed student housing building in downtown Grand Rapids, for $12.5 million.
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Boulder, Colo. — Marcus & Millichap has arranged the sale of Plaza on Broadway, a 39-unit, 152-bed multifamily student housing community in Boulder. The $24.05 million sales price equates to $616,667 per unit, $158,224 per bed and approximately $474 per
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