Marcus & Millicha's Institutional Property Advisors Brokers $80M Puget Sound Multifamily Asset Sale
Portfolio Pulse from Benzinga Newsdesk
Marcus & Millichap's Institutional Property Advisors has brokered the sale of Waters Edge, a 304-unit multifamily asset in Kent, Washington, for $80 million. The property is part of The Lakes master-planned community, which includes high-end waterfront single-family residences, condos, and apartments.
October 06, 2023 | 5:46 am
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Marcus & Millichap (MMI) has successfully brokered a significant real estate deal, which could potentially boost its reputation and revenues.
The successful brokering of a significant real estate deal by Marcus & Millichap's Institutional Property Advisors could potentially enhance the company's reputation in the market, attract more clients, and increase its revenues. This could have a positive impact on the company's stock price in the short term.
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