June 14, 2018
Connect Apartments is coming up on June 26th in Los Angeles. Here’s a link to find out more about the conference and to register.
Crown Heights’ investor appeal was demonstrated once again with the $6-million sale of 1043 Sterling Pl., a 17,320-square-foot apartment building. “The sale of 1043 Sterling demonstrates continued strong demand for high-quality multifamily stock within this subsection of Crown Heights,” said Marcus & Millichap’s Daniel Greenblatt.
Greenblatt and his colleague, Shaun Riney, represented the seller. The team also procured the buyer, who was not disclosed.
“The seller was able to exit after executing a disciplined value-add business plan,” Greenblatt said. “The buyer will add to an already impressive portfolio of multifamily within the submarket.”
For comments, questions or concerns, please contact Paul Bubny