Marcus & Millichap, Calabasas, Calif., sold and arranged financing for Martinique New York on Broadway, a 531-room hotel on the corner of 32nd Street and Broadway in Midtown Manhattan.
Tag: Marcus & Millichap
Dealmaker: Marcus & Millichap Closes $26M for Fla. Retail, Hotel
Marcus & Millichap, Calabasas, Calif., closed $26.3 million in Florida retail and hotel transactions.
Hotel Demand, ADR Could Approach Full Recovery Next Year
U.S. hotel demand and average daily room rates should near full recovery next year, a new forecast from STR and Tourism Economics said.
Industry Briefs Oct. 13, 2021: Ginnie Mae Reports Record Fiscal Year MBS Issuance
Ginnie Mae, Washington, D.C., reported mortgage-backed securities issuance volume for fiscal year 2021 grew to a record $939 billion, with issuance for September coming in at $73 billion.
Dealmaker: Marcus & Millichap Closes $181M in Industrial, Multifamily Sales
Marcus & Millichap, Calabasas, Calif. closed $180.6 million in Florida and New York industrial and multifamily property sales.
Dealmaker: Marcus & Millichap Closes $46.7M in Property Sales
Marcus & Millichap, Calabasas, Calif., closed retail and industrial property sales totaling $46.7 million in Massachusetts and Florida.
Dealmaker: Marcus & Millichap Brokers Six Net-Leased Asset Sales for $29M
Marcus & Millichap, Calabasas, Calif., sold six single-tenant net-leased properties in New England for $28.7 million.
Dealmaker: Marcus & Millichap Arranges 9-Property Hospitality Portfolio Sale
Marcus & Millichap, Encino, Calif., arranged a sale of nine hospitality properties across nine states to Lockwood Development Partners, totaling 1.55 million square feet with a value of $225 million.
Dealmaker: Marcus & Millichap Arranges $116M for Multifamily
Marcus & Millichap arranged $116 million in financing for multifamily assets in Alabama, Colorado and New York.
Optimism Rises Among CRE Capital Sources
Capital sources are growing more bullish about the commercial real estate outlook, reported Marcus & Millichap, Calabasas, Calif.