Press Releases
Marcus & Millichap Arranges Sale of 200-Unit Multifamily Property in Longview, Texas
November 10, 2026
LONGVIEW, Texas, Nov. 10, 2026 — 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 Maverick on Gilmer, a 200-unit multifamily community.
“After multiple contracts fell through during an extended marketing period, the priority was identifying a buyer with the ability to execute,” said Matt Aslan, managing director investments. “Our team brought a qualified investor to the table and closed the transaction in approximately 30 days. That outcome underscores the importance of thoroughly vetting buyers, particularly in a market where investors are being selective about pricing and financing. We're also seeing national investment groups pursue established multifamily communities across East Texas, drawn by opportunities to improve operations and acquire assets at yields that can be difficult to find in larger metropolitan markets.”
Nick Fluellen, Bard Hoover, Kevin Parrish and Aslan, investment specialists in Marcus & Millichap's Dallas office, represented the buyer and seller in the transaction and procured the buyer.
Located on Gilmer Road, the property was built in 1979 and comprises 200 units totaling 156,742 square feet on 10.42 acres. The transaction comes amid increased activity in the East Texas multifamily market. According to Aslan, nearly 950 apartment units have changed hands in Gregg County over the past 12 months, including several larger communities in Longview.
“After multiple contracts fell through during an extended marketing period, the priority was identifying a buyer with the ability to execute,” said Matt Aslan, managing director investments. “Our team brought a qualified investor to the table and closed the transaction in approximately 30 days. That outcome underscores the importance of thoroughly vetting buyers, particularly in a market where investors are being selective about pricing and financing. We're also seeing national investment groups pursue established multifamily communities across East Texas, drawn by opportunities to improve operations and acquire assets at yields that can be difficult to find in larger metropolitan markets.”
Nick Fluellen, Bard Hoover, Kevin Parrish and Aslan, investment specialists in Marcus & Millichap's Dallas office, represented the buyer and seller in the transaction and procured the buyer.
Located on Gilmer Road, the property was built in 1979 and comprises 200 units totaling 156,742 square feet on 10.42 acres. The transaction comes amid increased activity in the East Texas multifamily market. According to Aslan, nearly 950 apartment units have changed hands in Gregg County over the past 12 months, including several larger communities in Longview.
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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, 2025, the company had 1,808 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 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
