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

Property Image
SOLD
$148,400,000
Christopher (Chris) Zorbas
Kevin Green
+ 4

California

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MultiFamily
Sold 08/06/2025
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Property Image
SOLD

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

1610 Orange Avenue

See Similar Deals
MultiFamily
Sold 08/06/2025
Christopher (Chris) Zorbas
Kevin Green
+ 4
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Sale

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:

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.

Players

Kevin Green
54 deals$3.5B volume(310) 706-4416
BROKER

Gregory (Greg) Harris
Marcus & Millichap
36 deals$2.9B volume
BROKER

Joseph "Joe" Grabiec
Marcus & Millichap
43 deals$3B volume
BROKER

Christopher (Chris) Zorbas
Marcus & Millichap
20 deals$739.8M volume
BROKER

Kyle Pinkalla
Institutional Property Advisors
7 deals$510.1M volume
BROKER

Alexander Garcia Jr
Institutional Property Advisors
3 deals$208.8M volume(909) 456-3447
BROKER

Marcus & Millichap
BROKERAGE

Details

SOLD
IMAGE: Michael Streicker, Alexander Garcia Jr, Kyle Pinkalla, Chris Zorbas, Kevin Green, Joe Grabiec & Greg Harris DATE: 08/06/2025 ADDRESS: 1610 Orange Avenue MARKET: Redlands ASSET TYPE: Multifamily ~ ACRES: 22 BUYER: Michael Streicker - Sentinel Real Estate Corp (@Sentinel_Corp) SELLER: LuxView Properties BROKERS: Alexander Garcia Jr, Kyle Pinkalla, Chris Zorbas, Kevin Green, Joe Grabiec & Greg Harris- Institutional Property Advisors - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $148,400,000 UNITS: 328 ~ PPU: $452,439 NOTE: Sentinel Real Estate Corp. bought The Venue at Orange, a 328-unit luxury community in Redlands, Calif., for $148.4M from developer LuxView Properties, marking a per-unit price of $452,439. Institutional Property Advisors brokered the deal, which comes amid rising per-unit prices in the Inland Empire despite a slight dip in overall multifamily sales volume.

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