Marcus & Millichap Arranges Sale of 206-Unit Multifamily Property in Fort Wayne
Why this matters
Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. Austin is working through a multi-year supply digestion in both multifamily and office. Land values east of I-35 continue to hold despite slower entitlement activity. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.
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On the RET wire
- The eleventh Austin story tracked on the wire in October 2026. All Austin coverage →
- Disclosed multifamily deal value tracked in October 2026: $2.2B across 31 reported transactions. All Multifamily coverage →
- 145 stories mentioning Marcus & Millichap on the wire in the past 90 days. Marcus & Millichap coverage →
Computed from Real Estate Trail’s own tracked coverage
FORT WAYNE, IND. — Marcus & Millichap has arranged the sale of Shoaff Park Villas, a 206-unit multifamily property in Fort Wayne. Jack Friskney, Aaron Kuroiwa and Austin Meeker of Marcus & Millichap represented the se…
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