STUDENT HOUSING PORTFOLIO FETCHES $1M IN INDIANA

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TERRE HAUTE, IND. — Marcus & Millichap has arranged the $1 million sale of a student housing portfolio in Terre Haute. The portfolio includes a collection of properties near Indiana State University, which is located at 500 S. 7th St. The properties total 178 apartment units. Alex Blagojevich and David Gaines of Marcus & Millichap's Chicago office represented the seller, a private partnership, in the transaction. Stephen Rachman of the firm's Chicago office represented the buyer, another private partnership.

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