VANCOUVER, WASHING. – Institutional Property Advisors, a division of Marcus & Millichap, arranged the purchase of Autumn Grove, an apartment building in Vancouver. Las Vegas-based The Calida Group acquired the property at an undisclosed price. The seller’s name has not been published.
Adjacent to the Vancouver Mall, the property has 148 apartments and was recently completed. At the time of the sale, the community was 86 percent rented.
Anthony Palladino, Giovanni Napoli, Philip Assouad, Ryan Dinius and Sidney Warsinske from IPA represented the buyers on the transaction.