Marcus & Millichap Inc. has announced the sale of Arrowhead Apartments, a 200-unit multifamily property in Palatine, Illinois. The property features 160 market-rate units and 40 units under a Housing Assistance Payments contract lasting through 2039. Recently renovated between 2019 and 2021, Arrowhead Apartments offers updated amenities including an outdoor pool, clubhouse, children's play area, and dog park. The seller was a joint venture led by Hispanic Housing Development Corporation, with Artisan Capital Group and Eastham Capital acquiring the property in their fifth collaborative transaction.

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