M&M BROKERS $70.9M MULTIFAMILY PORTFOLIO SALE

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FLORIDA — Marcus & Millichap has arranged the $70.9 million sale of a 2,253-unit multifamily portfolio with nine properties in Florida and two properties in Texas. In Florida, three properties are in Tampa. Additionally, Orlando, Fern Park, Bradenton and Brandon, Fla., each contain one property. In Texas, both properties are located in Pasadena, a suburb of Houston. Jeffrey Meyer of Marcus & Millichap's Tampa office represented the seller, a Tampa Bay-based private investor, in the transaction. Sean Shahar A. Ziv of Marcus & Millichap's San Diego office represented the buyer, a California-based investment firm.

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