Multifamily Properties
Selling a multifamily property can be a complex process, but with careful planning and preparation, it can be a smooth and successful transaction. Here are some key considerations for selling a multifamily property:
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Prepare the property for sale: Before putting a multifamily property on the market, it is important to ensure that it is in good condition and ready for sale. A good broker can help you determine which improvements will improve the value and which won’t.
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Determine the property’s value: The next step is to determine the value of the property, which will depend on a variety of factors including location, condition, rental income, and comparable sales in the area. Get started by using the form to the right. It’s fast, it’s free and there’s no commitment.
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Market the property: To attract potential buyers, it is important to market the property effectively. As a full service brokerage, we will create an online listing, post advertising in local newspapers and publications, market the property using targeted email blasts and tour interested buyers through the Property.
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Negotiate the sale: Once an interested buyer is identified, negotiations will begin. We will handle the entire transaction, in order to get the highest purchase price and the fastest closing date. We manage all details that must be met before the closing.
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Close the sale and 1031 exchange: We’ll make sure the sale closes and if you decide to exchange, we can manage that too.
Selling a multifamily property can be a time-consuming and complex process, but with the right approach and professional guidance, it can be a successful transaction that yields a great return on investment.
To get started, please fill in the form. When we receive it, we’ll get started on pricing the property and will reach out to you with any questions.
Multifamily Properties Feed
- Value-Add Palmdale Apartments Trade for First Time in Three Decades March 20, 2025Northmarq’s Los Angeles Multifamily Investment Sales team of Steven Goldstein, Jeff Benson and Sam Neumark brokered the sale of Chaparral Apartments in Palmdale for $71 million. Northmarq represented the seller, a Florida-based real estate investment firm. The buyer was a Los Angeles-based real estate investment firm. Chaparral Apartments, a 296-unit value-add community, is one of the largest multifamily assets in Palmdale and was on the market […]Paul Bubny
- JLL Secures $55M for Luxury Townhomes in Deerfield March 20, 2025JLL has arranged a $45.7 million construction financing and a $9.9 million mezzanine financing for Park5 Luxury Rental Townhomes, a 144-unit core BTR development located at 5 Parkway N in Deerfield, Illinois. JLL worked on behalf of the borrower, VennPoint Real Estate, to secure the senior construction financing through Bank OZK and the mezzanine financing through […]Jasmine Kilman
- Dwight Capital Finances $22M Loan for MF in Washington March 20, 2025Dwight Capital has closed a $22.5 million HUD 223(f) loan for Skyview Heights, a 128-unit garden-style apartment community in Airway Heights, Washington. The proceeds from this loan were used to pay off the existing debt, cover closing costs, fund a replacement reserve for future capital improvements, and provide a sizeable cash out. The refinance also […]Jasmine Kilman
- Transwestern Brokering Sale of 395-Unit Baltimore County MF March 20, 2025Transwestern Real Estate Services’ Mid-Atlantic Multifamily Group has been retained to sell Meadow Lane Apartments, a 395-unit property at 4431 Alan Drive in Baltimore. Transwestern’s Dean Sigmon, Robin Williams and Michael D’Amelio are marketing the sale of the garden-style asset on behalf of its third-generation owner and manager. Meadow Lane is adjacent to the Wilkens […]Jasmine Kilman
- Partnership Acquires Gowanus Apartments for $69M March 20, 2025JLL Capital Markets arranged the $68.5-million sale and $44.525-million financing for 237 11th St., a 12-story Class A mixed-use multifamily and retail property in the Gowanus neighborhood of Brooklyn. The seller was Trinity Place Holdings and the buyer was a partnership between Bluestone Investments and Shel Capital. The JLL Capital Markets team that arranged the […]Paul Bubny
- NAR: Existing-Home Sales Rise Overall; Condos and Co-Ops See Decline March 20, 2025Existing-home sales, including single-family homes, townhomes and for-sale apartments, rose 4.2% in February to a seasonally adjusted annual rate of 4.26 million units, the National Association of Realtors said Thursday. Industry analysts had expected a monthly decline of 3%, CNBC reported. Year-over-year, sales slid 1.2%, NAR reported. The year-over-year decline was sharper for condominium and […]Paul Bubny
- Las Vegas Apartments Trade for Nearly $300K/Unit March 20, 2025SB Real Estate Partners (“SBREP”) has acquired Brownstone Apartments, a 143-unit luxury apartment community located in the Centennial Hills submarket of Las Vegas, in an off-market transaction for $42 million. The property has been rebranded as Portola Centennial Hills, bringing SBREP’s footprint in the Las Vegas market to three properties totaling 640 units. Delivered in […]Mike Boyd
- The Move Toward Multifamily Efficiency: Vendor Consolidation March 20, 2025Vendors are a large part of successful multifamily operations. By outsourcing various areas like landscaping, cleaning, maintenance, amenity management and other activities, apartment property managers can spend more time on big-picture tasks, including tenant recruitment and retention. While vendors are important, too many of them can be problematic. “Juggling multiple vendors creates inefficiencies, service inconsistencies […]Amy Wolff Sorter
- Revesco, Alpine Teaming Up on 3 Denver-Area Rental Assets March 20, 2025Revesco Properties and Alpine Investments have a lot of balls in the air. The duo is developing apartment buildings in the city’s Berkeley neighborhood and Denver’s Golden Triangle. Construction on a third site in Denver’s Bonnie Brae region is set to break ground in April. The properties, called Akin, range from 46 units to 100 […]Mike Boyd
- Baron Property Group Adds to Hialeah Portfolio March 20, 2025Baron Property Group announced $206 million in construction financing for Metro Parc North, a new ground-up residential development in Hialeah, FL. Post Road Group, a private investment firm, provided the loan and Ayush Kapahi, facilitated the deal. On the heels of breaking ground last month, construction on Metro Parc North is well underway and is slated for completion […]Mike Boyd
