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MERLIN Properties SOCIMI, S.A. (OTCMKTS:MRPRF – Get Rating) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totalling 1,600 shares, a drop of 86.3% from the April 15th total of 11,700 shares. Based on an average daily volume of 1,300 shares, the days-to-cover ratio […]
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MERLIN Properties SOCIMI, S.A. (OTCMKTS:MRPRF – Get Rating) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 3,700 shares, a growth of 23.3% from the March 15th total of 3,000 shares. Based on an average daily volume of 1,200 shares, […]
PHOENIX, AZ - CIM Group, a community-focused real estate and infrastructure owner, operator, lender, and developer, in partnership with Tides Equities, a leading investment firm specializing in value-add multifamily real estate throughout the Western U.S., announces that it has acquired Del Mar Terrace, a 1,012-unit apartment community in Phoenix, Arizona in a $255 million off-market transaction. Del Mar Terrace is the largest market rate apartment community, based on unit count, in the greater...
PHOENIX, AZ - Northmarq Phoenix’s Investment Sales team of Trevor Koskovich, Bill Hahn, Jesse Hudson, and Ryan Boyle represented Tide Equities, LLC in the $255 million ($251,976 per unit) purchase of Del Mar Terrace, a 1,012-unit multifamily community located at 7007 W. Indian School Road in Phoenix. Northmarq Dallas’s Debt & Equity team of Loren Heikenfeld, Kevin Leamy, Jeff Erxleben, Lauren Bresky and Joel Heikenfeld provided bridge loan financing and buyer’s equity for...