BLOOMFIELD HILLS, Mich.
- Jan. 23, 2020
-- Income Property Organization (IPO) experienced a prolific number of transactions in 2019, making for another record-breaking year by the Bloomfield Hills firm.
As one of Michigan's leading customized brokerage companies, IPO saw continued growth with demand for the sale of multifamily units, brokering the sale of 74 multifamily communities across Michigan, Ohio, and Indiana.
The IPO deals during 2019 represent nearly $250 million in sales volume and, more importantly, delivered exceptional results for the firm's clients.
"We are proud of our firm's strong sales volume as we enter new markets to expand opportunities for our clients as we did in Indiana this year and in Ohio in 2017," said Greg Coulter, managing member. "Many of our transactions were acquired by international and out-of-state investors, demonstrating the depth of our marketing reach."
IPO's sales cover all the major regional markets, including Detroit, Metro Detroit, Lansing, Kalamazoo, Grand Rapids, Saginaw, Bay City, Flint, Indianapolis, Columbus and Cleveland.
"This past year provided no shortage of positive news in the multifamily industry, so we are projecting continued growth in 2020," said Coulter.Income Property Organization in Bloomfield Hills, Mich.
offers customized brokerage services that are designed to meet the specific needs of a wide range of clients -- private owners as well as institutional investors -- who want to buy or sell income property. To learn more or inquire about multifamily investment opportunities, visit www.incomepo.com
or contact Greg Coulter at (248) 932-0300.