Los Angeles Rent Control Heads for New Increase Cap

Los Angeles Rent Control Heads for New Increase Cap

Landlords in Los Angeles will soon face stricter rent increase regulations.  In early February, new rent control laws will go into effect that limit most multifamily property landlords to hiking rent by... Read more »
Matthews Closes Sale of Hartford-Area MOB at Record Cap Rate

Matthews Closes Sale of Hartford-Area MOB at Record Cap Rate

Matthews completed the sale of ProHealth Physicians of Bristol, located at 1251 Farmington Ave. in the Hartford suburb of Bristol, CT. SVPs & senior directors Rahul Chhajed, Michael Moreno and VP and director Tyler Swade represented... Read more »
1900-Vintage Multifamily Sells at Under-4.5% Cap Rate

1900-Vintage Multifamily Sells at Under-4.5% Cap Rate

Marcus & Millichap closed the sale of 77 Barrow St., a multifamily property in Manhattan’s West Village, for $6.7 million. Joe Koicim and Peter Dodge, investment specialists in Marcus & Millichap’s Manhattan office,... Read more »
1900-Vintage Multifamily Sells at Under-4.5% Cap Rate

Pasadena Apartments Sell at 4.38% Cap Rate

Marcus & Millichap closed the sale of 1471 Fair Oaks Ave., an 18-unit apartment property in Pasadena. The asset changed hands for $4 million, or $222,222 per unit, at a cap rate... Read more »