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Institutional Property Advisors Closes Sale and Arranges Financing for Multifamily Asset in Suburban Portland Oregon
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Institutional Property Advisors Closes Sale and Arranges Financing for Multifamily Asset in Suburban Portland Oregon
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) dedicated to serving the company’s institutional clients, announced the sale and financing of The Boxer, a 99-unit apartment property in Forest Grove, Oregon. The asset sold for $14.7 million, or $148,485 per unit. “With an average occupancy rate of 96.8% and average annual […]
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