MARCUS & MILLICHAP ARRANGES THE SALE OF A 49-UNIT APARTMENT BUILDING

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Tidewood, a 49-unit apartment community located in Phoenix, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $3,000,000. Trevor Hardy, investment specialists…