REBusinessOnline

MARCUS & MILLICHAP CLOSES TWO MULTIFAMILY TRANSACTIONS

GLENDALE AND LONG BEACH, CALIF. — Marcus & Millichap has completed two multifamily transactions in California that total $4 million. In the first transaction, Earle Hyman and Michael Chukerman of Marcus & Millichap represented the undisclosed buyer in the acquisition of a 6-unit multifamily property. The property is located at 730 Raleigh St. in Glendale. In the second transaction, an undisclosed buyer purchased 20 Bay Shore Avenue, a 9-unit apartment property located in Long Beach. The asset sold for $2.4 million. Gordon Reese represented both undisclosed parties in the transaction.

Content Partners
‣ Arbor Realty Trust
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‣ Lee & Associates
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‣ NAI Global
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