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GRETNA, LA. — Marcus & Millichap has completed the sale of Pine I and II, a 143-unit distressed multifamily property located in the New Orleans suburb of Gretna. The property is located at 112 and 250 Holmes Blvd. The two communities, which contain a total of 27 two- and three-story buildings, were constructed in 1968 and 1978. They were extensively renovated in 2006 following Hurricane Katrina. Boyan Radic and Mason Green of Marcus & Millichap’s Fort Worth, Texas, office represented the seller, B-G&G Investors LLC, and the note holder, Hudson Advisors. Radic and Green also selected the deal’s stalking horse bidder and eventual buyer, a Florida-based limited liability company.