Northmarq’s Investment Sales team leads $25M sale of The Alora Apartments in Oklahoma City
Image credit: CoStar.
OKLAHOMA CITY, Okla. — Northmarq’s Tulsa Investment Sales team led by Benjamin Davis successfully led the $25 million sale of The Alora, an 850-unit affordable multifamily community located at 6303 NW 63rd St. in Oklahoma City, Oklahoma.
Northmarq represented the buyer, Three Pillars, based in Clifton, New Jersey. The seller was Exact Capital of New York and Elevate Commercial Investment Group of Dallas.
Built in 1972, The Alora features one- and two-bedroom floorplans. Units offer walk-in closets, a fireplace and balcony. Property management and maintenance are included on-site. It is conveniently located near major highways, schools, restaurants and shopping.
Meet our team
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $80 billion and has completed $91.3 billion in transactions over the past four years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide.
