Eight-Property Apt. Portfolio Now Up For Grabs, Will Single Buyer Bite?
Pictured: The Place at Fall Creek in Humble, TX, one of eight multifamily properties MC Residential is listing in a $155 million package.An eight-property apartment package hitting the market should be a test of investors’ appetite for portfolios.
MC Residential, of Scottsdale, AZ, has hired CBRE to shop a 1,826-unit portfolio in Texas, Oklahoma and Arizona. The properties are all 1970’s to early aughts -vintage. They are fairly well occupied…
