Michael Streicker Of Sentinel Real Estate Corp Purchases Multifamily Asset From LuxView Properties For $148.4M

The Venue at Orange, a multifamily property, is located at 1610 Orange Avenue in Redlands. The asset encompasses 22 acres and consists of 328 units, with a total sale price of $148.4 million, equating to a price per unit of $452,439.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $148,400,000
• Address: 1610 Orange Avenue
• Market: Redlands
• Units: 328
• Price Per Unit: $452,439
• Seller: LuxView Properties
• Buyer: Michael Streicker - Sentinel Real Estate Corp
• Brokers: Alexander Garcia Jr, Kyle Pinkalla, Chris Zorbas, Kevin Green, Joe Grabiec & Greg Harris - Institutional Property Advisors - Marcus & Millichap

This transaction highlights key individuals involved, including Michael Streicker from Sentinel Real Estate Corp as the buyer and LuxView Properties as the seller. The deal was brokered by a team from Institutional Property Advisors at Marcus & Millichap, which included Alexander Garcia Jr, Kyle Pinkalla, Chris Zorbas, Kevin Green, Joe Grabiec, and Greg Harris.