Cabana at the Pointe Apartments, 1829 East Morten Avenue, Phoenix, was one of three ABI Multifamily-represented properties that closed March 21.
FOR IMMEDIATE RELEASE
Company Website: www.ABImultifamily.com
Phoenix, Ariz. – April 2, 2019: ABI Multifamily — the Western US’ leading multifamily brokerage and advisory services firm — announced today it closed three transactions totaling $71,450,000 on March 21. The three transactions were the highlight of a 20 transaction First Quarter.
“This was an exciting quarter both for us as an organization and for the multifamily market in general,” said ABI Multifamily Senior Managing Partner John Kobierowski, “and it really showcases our exclusive focus on multifamily. The fact that we had three major transactions close in one day shows just how much opportunity there is in the market right now.”
Kobierowski expressed great enthusiasm about Phoenix’s status as the most exciting multifamily market in the county and ABI Multifamily’s role in it.
“The Phoenix MSA is leading the country in in-migration right now and riding a sweet spot between affordability and attractive rent growth,” he said. “Depending on what reports you read and what criteria they choose to target, there are several contenders for ‘hottest multifamily market’ in the nation, but when we attend national conferences and industry events, we’re positively mobbed with investors of all types looking for first-hand expertise in the Phoenix market.”
He added, “If I can brag for just a moment, ABI Multifamily is the leading brokerage for the hottest commercial real estate sector in the most exciting market in the country, and that feels really good.”
To best serve its clients’ needs, ABI Multifamily maintains dedicated teams of brokers covering the gamut of opportunities in the sector, including two-nine units, 10-99 units, 100+ units, land sales and manufactured housing. “The fact that our advisors are experts in their respective areas is one of the keys to our success,” Kobierowski said. “Another major factor is that, unlike in many brokerages that foster an ‘everyone for themselves’ mindset, our team members actively share their expertise, insights, contacts and sources as part of our operating culture.”
Senior Managing Partner Alon Shnitzer echoed Kobierowski’s enthusiasm and praised both the company’s brokers and the behind-the-scenes members who help with every transaction.
“None of what we do happens in a vacuum,” Shnitzer said. “We have 22 advisors in four markets handling complex transactions of, literally, every possible size. We’re supported by administrative and support teams of marketing, research and operational staff that are second-to-none, and our entire talent pool is brought to bear, as needed, to maximize our clients’ value and return on every opportunity, regardless of size.”
ABI Multifamily (https://www.abimultifamily.com/) is a brokerage and advisory services firm that focuses exclusively on apartment investment transactions. With offices in Phoenix, Tucson, Sacramento and San Diego, the experienced advisors at ABI Multifamily have completed billions of dollars in sales and thousands of individual multifamily transactions. ABI Multifamily incorporates a global approach with regional real estate expertise to successfully complete any multifamily transaction, regardless of size and complexity.