IPO 2nd Quarter 2021 News
July 7, 2021 – Bloomfield Hills, MI
IPO is pleased to announce our 2021 multifamily investment sales thru 2Q. We continue to broker apartment communities as quickly as we can source the deals-The YTD numbers are eye-popping, with over $250,000,000 in sales volume, reflecting 4,100 units and a remarkable 70 different communities. All of that in less than 6 months!
As proof of our rapidly expanding market share, the sales volume reflected transactions all over the Midwest, and the largest closings occurred in Ohio-a $36M sale of a 482-unit asset and a 12-property portfolio in Toledo; additionally, there were several large sales in Columbus. IPO also arranged 3 large portfolio sales in Lansing thru 2Q, as we have aggressively taken over that market in the last two years with the majority of apartment sales in the Lansing MSA being brokered by our firm.
Please click on the image below to see more details on our news flyer:
Income Property Organization in Bloomfield Hills, Mich. offers customized multifamily brokerage services that are designed to meet the specific needs of a wide range of clients — private owners as well as institutional investors — who want to buy or sell multifamily assets. To learn more or inquire about multifamily investment opportunities, contact IPO at (248) 932-0300.