Lane Schwartz

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Marcus & Millichap Complete 80 Unit Apartment Sale for $6.08 million

TUCSON, AZ – Marcus & Millichap (NYSE: MMI) announced the sale of Dakota Canyon, an 80-unit apartment property located in Tucson, AZ, according to Ryan Sarbinoff, regional manager of the firm’s Tucson and Phoenix offices. The asset sold for $6,080,000 ($76,000 per unit). Hamid Panahi, James K. Crawley and Lane Schwartz, investment specialists in Marcus […]

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IPA Sells Valley View Multifamily Asset in Tucson for $24.75 Million

TUCSON, Ariz. – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announces the sale of Valley View Apartments, a 304-unit multifamily asset in the Catalina Foothills area of northern Tucson, Arizona. The $24.75 million sales price equates to $81,414 per unit. “Valley View represents an excellent opportunity to refresh and modernize

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Tucson Multifamily Deals Surge in First Days of 2017

TUCSON, Arizona — Multifamily property sales surged to $21 Million in sales volume in the first 10-days of 2017. Marcus & Millichap sales accounted for $13.6 million in the following two transactions, with four properties and 371-units: HSL Casa Loma of Tucson (Omar Mireles, manager) sold Casa Loma Apartments for $6.525 million ($48,333 per unit

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