The Villas at Green Valley Acquisition | Real Estate Services Deal in IN

Marcus & Millichap has completed the acquisition of The Villas at Green Valley, a property management business in Indiana, for $14M. The Villas at Green Valley acquisition supports real estate services focused on multifamily property management, including day-to-day operations and tenant services in the Indiana market. The strategic acquisition fits real estate services M&A goals for IN acquisitions by expanding management capabilities tied to a specific asset, other acquisition scope, and local demand. The closed deal included financing for the Indiana property and was structured as an other acquisition with a strategic buyer, totaling about $14.1 million.