Melnick Real Estate Advisors was the sole broker for this "off-market" transaction, as well as the asset manager for the Seller, a private family office. The Purchaser, Signature Properties, has acquired over 1,000 units from MREA since 2018, and South…
Investor demand for workforce housing remains strong, with the latest deal closing on the D.C.-Maryland border. Melnick Real Estate Advisors founder and President Scott Melnick tells Bisnow his firm brokered the sale last week of the South Pointe property at 2603 Southern Ave.…
Read More Apartment Community On D.C.-Maryland Border Sells For $48M
Melnick Real Estate Advisors was the sole broker for this "off-market" transaction which was structured to meet the 1031 exchange requirements of the Purchaser, an affiliate of Rachuba Management. Prospect Hall, sold by an affiliate of Hasta Capital, is the…
Melnick Real Estate Advisors represented the Seller, an affiliate of Rachuba Management, on the sale and is the exclusive advisor for identifying their projected $150 million of 1031 - exchange replacement investments.
September 13, 2019 via Bisnow: Prince George's County is increasingly attracting outside investors to its multifamily, office and mixed-use projects, but local leadership is looking to improve the county's permitting process and offer more financial incentives to spur development. The…
Read More New Prince George’s County Executive Looks to Incentivize More Development
