Press Releases
Marcus & Millichap Arranges the Sale of a 40-Unit Apartment Building
November 01, 2023
LOUISVILLE, KENTUCKY, November 1, 2023 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Jefferson Park, a 40-unit apartment property located in Louisville, Kentucky, according to Josh Caruana, regional manager of the firm’s Indianapolis office.
Aaron Kuroiwa and Tony Rogers, investment specialists in Marcus & Millichap’s Indianapolis office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was secured and represented by Aaron Kuroiwa and Tony Rogers. Grant Fitzgerald, Kentucky Broker of Record, assisted in closing this transaction.
Jefferson Park is located at 5161 Jefferson Blvd in Louisville, Kentucky. Built in 2016, Jefferson Park was constructed and sold by a private Louisville-based developer. Aaron and Tony have successfully sold numerous boutique new construction apartment communities in the Louisville MSA and continue to provide unparalleled advisory and information to their developer clients on existing and future multifamily projects despite market uncertainty.
Aaron Kuroiwa and Tony Rogers, investment specialists in Marcus & Millichap’s Indianapolis office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was secured and represented by Aaron Kuroiwa and Tony Rogers. Grant Fitzgerald, Kentucky Broker of Record, assisted in closing this transaction.
Jefferson Park is located at 5161 Jefferson Blvd in Louisville, Kentucky. Built in 2016, Jefferson Park was constructed and sold by a private Louisville-based developer. Aaron and Tony have successfully sold numerous boutique new construction apartment communities in the Louisville MSA and continue to provide unparalleled advisory and information to their developer clients on existing and future multifamily projects despite market uncertainty.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2023, the company had 1,783 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit www.MarcusMillichap.com.
