Axiom Westwood Student Housing Portfolio Sold
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
Should l Buy MMI?
Source: Newsfilter
- Record Transaction Size: Institutional Property Advisors announced the sale of the Axiom Westwood student housing portfolio for $62.6 million, marking the largest property transaction by unit count in Westwood since 2020, indicating strong investment demand in the area.
- Supply-Demand Imbalance: Despite UCLA's plans to increase overall enrollment by over 6% by 2030, only 545 new beds are scheduled for delivery in the next three years, exacerbating the supply-demand constraints in the Westwood market and enhancing the investment appeal of the property.
- Significant Property Features: Axiom Westwood comprises 153 units with amenities such as controlled access, laundry facilities, and elevators, along with two swimming pools and covered parking, which enhance tenant quality of life and the property's market competitiveness.
- High Investment Potential: The new buyer has the opportunity to capture unrealized income through strategic enhancements and operational improvements, leveraging the property's advantageous location with 20,000 jobs nearby and convenient access to major transportation networks to support future rent growth.
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Analyst Views on MMI
Wall Street analysts forecast MMI stock price to rise
1 Analyst Rating
0 Buy
0 Hold
1 Sell
Moderate Sell
Current: 27.070
Low
29.00
Averages
29.00
High
29.00
Current: 27.070
Low
29.00
Averages
29.00
High
29.00
About MMI
Marcus & Millichap, Inc. is a real estate services company specializing in commercial real estate investment sales, financing services, research, and advisory services. Through its Commercial Real Estate Services, it provides equity advisory services and loan sales, loan guarantees, consulting, and advisory services. It serves clients with one property, multiple properties, and large investment portfolios. Through its Real Estate Brokerage, it represents commercial property owners as their investment broker in the sale of their properties. Its auction services division offers an accelerated way to buy and sell commercial property. Its financing division provides services, such as loan sales and due diligence, and receives recurring loan performance fees from certain lenders. It offers advisory and consulting services in forming investment strategy and making transaction decisions. It provides leasing services for tenants and landlords in connection with commercial real estate leases.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Marcus & Millichap Sells 61-Unit Multifamily Properties in Brentwood, LA
- Transaction Value: Marcus & Millichap announced the sale of two multifamily properties totaling 61 units in Brentwood, Los Angeles, for a combined value of $46.35 million, setting a new benchmark for price per unit and highlighting the area's investment appeal.
- Market Scarcity: These transactions are among only five multifamily deals completed in Brentwood in 2026, underscoring the supply-constrained nature and high demand of the market, further solidifying its status as a high-barrier area.
- Rapid Closing: The Azzi Group generated over 10 offers and secured contracts in under 20 days, successfully closing the deals in less than 60 days, demonstrating their efficient market execution and client satisfaction.
- Long-Term Rental Demand: With low vacancy rates and strong long-term rental demand, combined with elevated financing costs and disciplined underwriting, Brentwood stands out in the Los Angeles multifamily market, attracting increased investor interest.
See More
Axiom Westwood Student Housing Portfolio Sold
- Record Transaction Size: Institutional Property Advisors announced the sale of the Axiom Westwood student housing portfolio for $62.6 million, marking the largest property transaction by unit count in Westwood since 2020, indicating strong investment demand in the area.
- Supply-Demand Imbalance: Despite UCLA's plans to increase overall enrollment by over 6% by 2030, only 545 new beds are scheduled for delivery in the next three years, exacerbating the supply-demand constraints in the Westwood market and enhancing the investment appeal of the property.
- Significant Property Features: Axiom Westwood comprises 153 units with amenities such as controlled access, laundry facilities, and elevators, along with two swimming pools and covered parking, which enhance tenant quality of life and the property's market competitiveness.
- High Investment Potential: The new buyer has the opportunity to capture unrealized income through strategic enhancements and operational improvements, leveraging the property's advantageous location with 20,000 jobs nearby and convenient access to major transportation networks to support future rent growth.
See More
Amazon MGM's 'Project Hail Mary' Sets Box Office Records
- Record Box Office: Amazon MGM's 'Project Hail Mary' has grossed over $300 million globally since its release two weeks ago, marking the best performance for the company and indicating a successful transformation in the film market.
- Domestic Box Office Milestone: The film has achieved approximately $165 million in the U.S., making it Amazon MGM's first domestic box office earner over $100 million, significantly enhancing the company's position in a competitive film landscape.
- Strong Box Office Stability: The film experienced only a 32% drop in ticket sales from its first to second weekend domestically, and a mere 5% decline internationally, well below the typical 50% to 70% drop for Hollywood blockbusters, reflecting strong audience approval and sustained interest.
- Future Film Plans: Amazon plans to invest around $1 billion annually in theatrical releases, aiming to produce 12 to 15 films each year, with upcoming diverse offerings like the comedy 'The Sheep Detectives' and the psychological thriller 'Verity', further solidifying its market presence.
See More
IPA Capital Markets Arranges $113.7 Million Financing for Retail Acquisition
- Significant Financing: IPA Capital Markets has arranged $113.7 million in financing and preferred equity for the acquisition of three retail centers in Fort Worth, Texas, highlighting strong institutional demand for core retail assets.
- Portfolio Expansion: The acquired retail centers total 375,000 square feet and are 100% leased to tenants such as TJ Maxx and HomeGoods, further strengthening Younger Partners Investments' market position in Texas.
- Strategic Development Plans: YPI plans capital improvements at Presidio Junction, including wayfinding and signage enhancements, aimed at improving customer experience and increasing tenant appeal, which could drive future rental growth.
- Optimistic Market Outlook: Micah Ashford, managing director at YPI, stated that as investor demand for similar assets remains strong, the company will continue to expand its retail portfolio, further solidifying its market share in Tarrant County.
See More
Paramount and Warner Bros. Merger Could Reshape Box Office Landscape
- Massive Merger Potential: The merger between Paramount and Warner Bros. has an enterprise value of $111 billion and aims to produce 30 films annually, with 15 from each studio, potentially resulting in a powerful slate of 26 films in 2027, significantly enhancing market competitiveness.
- Optimistic Box Office Outlook: Warner Bros.' high-budget films like 'The Batman' and 'Minecraft Movie' have performed exceptionally well at the global box office, with the former earning $772 million and the latter nearing $1 billion, laying a solid foundation for the combined box office performance and potentially making it the largest single studio in 2027.
- Intensified Market Competition: The merged entity will face fierce competition from Disney and Universal, which are also set to release strong franchises, and while the merger presents potential box office advantages, uncertainties remain, particularly regarding audience overlap.
- Distribution Strategy Challenges: The combined company plans to release 30 films over 52 weekends, necessitating precise distribution strategies to avoid cannibalizing ticket sales, especially with Paramount's 'Sonic the Hedgehog 4' scheduled just a week before Warner's 'Godzilla X Kong: Supernova', which may require adjustments to optimize revenue.
See More
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- Significant Financing: IPA Capital Markets has secured $44 million in financing for two luxury multifamily properties in Los Angeles, with $28.3 million allocated to Moderno Axis and $15.725 million to Moderno La Granada Hills, reflecting strong demand for high-quality multifamily assets.
- Optimized Loan Structure: The five-year fixed-rate, non-recourse loans feature full-term interest-only payments, with interest rates locked at 5.40% and 5.60% and no lender origination fees, ensuring alignment with the client's long-term strategy.
- Prime Locations: Moderno Axis is strategically located next to the Van Nuys MetroLink and Amtrak stations, offering a variety of unit types and comprehensive amenities, including a fitness center, swimming pool, and pet grooming, enhancing its market appeal.
- Rich Community Amenities: Moderno La Granada Hills, a newly built Spanish-style community near California State University Northridge, offers pet-friendly units and extensive community facilities such as a fitness center, pool, and recreation room, improving the living experience and attracting more tenants.
See More
Marcus & Millichap Sells 61-Unit Multifamily Properties in Brentwood, LA
- Transaction Value: Marcus & Millichap announced the sale of two multifamily properties totaling 61 units in Brentwood, Los Angeles, for a combined value of $46.35 million, setting a new benchmark for price per unit and highlighting the area's investment appeal.
- Market Scarcity: These transactions are among only five multifamily deals completed in Brentwood in 2026, underscoring the supply-constrained nature and high demand of the market, further solidifying its status as a high-barrier area.
- Rapid Closing: The Azzi Group generated over 10 offers and secured contracts in under 20 days, successfully closing the deals in less than 60 days, demonstrating their efficient market execution and client satisfaction.
- Long-Term Rental Demand: With low vacancy rates and strong long-term rental demand, combined with elevated financing costs and disciplined underwriting, Brentwood stands out in the Los Angeles multifamily market, attracting increased investor interest.
See More
Axiom Westwood Student Housing Portfolio Sold
- Record Transaction Size: Institutional Property Advisors announced the sale of the Axiom Westwood student housing portfolio for $62.6 million, marking the largest property transaction by unit count in Westwood since 2020, indicating strong investment demand in the area.
- Supply-Demand Imbalance: Despite UCLA's plans to increase overall enrollment by over 6% by 2030, only 545 new beds are scheduled for delivery in the next three years, exacerbating the supply-demand constraints in the Westwood market and enhancing the investment appeal of the property.
- Significant Property Features: Axiom Westwood comprises 153 units with amenities such as controlled access, laundry facilities, and elevators, along with two swimming pools and covered parking, which enhance tenant quality of life and the property's market competitiveness.
- High Investment Potential: The new buyer has the opportunity to capture unrealized income through strategic enhancements and operational improvements, leveraging the property's advantageous location with 20,000 jobs nearby and convenient access to major transportation networks to support future rent growth.
See More
Amazon MGM's 'Project Hail Mary' Sets Box Office Records
- Record Box Office: Amazon MGM's 'Project Hail Mary' has grossed over $300 million globally since its release two weeks ago, marking the best performance for the company and indicating a successful transformation in the film market.
- Domestic Box Office Milestone: The film has achieved approximately $165 million in the U.S., making it Amazon MGM's first domestic box office earner over $100 million, significantly enhancing the company's position in a competitive film landscape.
- Strong Box Office Stability: The film experienced only a 32% drop in ticket sales from its first to second weekend domestically, and a mere 5% decline internationally, well below the typical 50% to 70% drop for Hollywood blockbusters, reflecting strong audience approval and sustained interest.
- Future Film Plans: Amazon plans to invest around $1 billion annually in theatrical releases, aiming to produce 12 to 15 films each year, with upcoming diverse offerings like the comedy 'The Sheep Detectives' and the psychological thriller 'Verity', further solidifying its market presence.
See More
IPA Capital Markets Arranges $113.7 Million Financing for Retail Acquisition
- Significant Financing: IPA Capital Markets has arranged $113.7 million in financing and preferred equity for the acquisition of three retail centers in Fort Worth, Texas, highlighting strong institutional demand for core retail assets.
- Portfolio Expansion: The acquired retail centers total 375,000 square feet and are 100% leased to tenants such as TJ Maxx and HomeGoods, further strengthening Younger Partners Investments' market position in Texas.
- Strategic Development Plans: YPI plans capital improvements at Presidio Junction, including wayfinding and signage enhancements, aimed at improving customer experience and increasing tenant appeal, which could drive future rental growth.
- Optimistic Market Outlook: Micah Ashford, managing director at YPI, stated that as investor demand for similar assets remains strong, the company will continue to expand its retail portfolio, further solidifying its market share in Tarrant County.
See More
Paramount and Warner Bros. Merger Could Reshape Box Office Landscape
- Massive Merger Potential: The merger between Paramount and Warner Bros. has an enterprise value of $111 billion and aims to produce 30 films annually, with 15 from each studio, potentially resulting in a powerful slate of 26 films in 2027, significantly enhancing market competitiveness.
- Optimistic Box Office Outlook: Warner Bros.' high-budget films like 'The Batman' and 'Minecraft Movie' have performed exceptionally well at the global box office, with the former earning $772 million and the latter nearing $1 billion, laying a solid foundation for the combined box office performance and potentially making it the largest single studio in 2027.
- Intensified Market Competition: The merged entity will face fierce competition from Disney and Universal, which are also set to release strong franchises, and while the merger presents potential box office advantages, uncertainties remain, particularly regarding audience overlap.
- Distribution Strategy Challenges: The combined company plans to release 30 films over 52 weekends, necessitating precise distribution strategies to avoid cannibalizing ticket sales, especially with Paramount's 'Sonic the Hedgehog 4' scheduled just a week before Warner's 'Godzilla X Kong: Supernova', which may require adjustments to optimize revenue.
See More
IPA Capital Markets Secures $44 Million Financing for Luxury Apartments
- Significant Financing: IPA Capital Markets has secured $44 million in financing for two luxury multifamily properties in Los Angeles, with $28.3 million allocated to Moderno Axis and $15.725 million to Moderno La Granada Hills, reflecting strong demand for high-quality multifamily assets.
- Optimized Loan Structure: The five-year fixed-rate, non-recourse loans feature full-term interest-only payments, with interest rates locked at 5.40% and 5.60% and no lender origination fees, ensuring alignment with the client's long-term strategy.
- Prime Locations: Moderno Axis is strategically located next to the Van Nuys MetroLink and Amtrak stations, offering a variety of unit types and comprehensive amenities, including a fitness center, swimming pool, and pet grooming, enhancing its market appeal.
- Rich Community Amenities: Moderno La Granada Hills, a newly built Spanish-style community near California State University Northridge, offers pet-friendly units and extensive community facilities such as a fitness center, pool, and recreation room, improving the living experience and attracting more tenants.
See More
