Mike Marrara Multifamily Specialist

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Tulsa, OK
Mike Marrara Multifamily Specialist

Senior Vice President Multifamily Investment Sales Colliers

06/16/2026

CALL FOR OFFERS: Due Thursday, July 9th | WIN @ Brady Apartments | Tulsa, OK

The newest financials continue to tell a compelling story: income trending up, occupancy remaining strong, and real upside still on the table.

-- Double-digit cash-on-cash yield from day one
-- 8%+ cap rate on in-place T12 income | 8.86% on T3 income / T12 expenses
-- $1.5M+ in recent CAPEX across interior and exterior renovations
-- Proven value-add runway remaining across the unit mix

Pricing Guidance: $13.0M | $81,250/unit

This is an attractive opportunity for both yield-focused and value-add investors. Submit your offer before Thursday, July 9th.

06/12/2026

NEW LISTING: WIN @ Brady Apartments | Tulsa, OK | 160 units

Colliers is excited to share this incredible value-add opportunity backed by $1.5M in recent capital improvements and 95%+ occupancy since September.

Located along I-244 with direct access to major employment drivers like Amazon, American Airlines, Tulsa International Airport, and more, this offering is well-positioned for continued performance and rent growth.

Renovated premier units are already achieving rents above $1.25 PSF, with meaningful upside remaining across the broader unit mix. Strong NOI growth is in place for day-one yield, while the remaining renovation runway offers a clear path for continued value creation.

Pricing Guidance: $13.0M | $81,250/unit

Contact us for additional details and offering materials.

05/20/2026

Honored to have received the Multifamily Sale of The Year award with my partner at the NAIOP Gala! It was a blast celebrating with everyone and getting to share the evening with my favorite plus-one.

Huge thank you to the Colliers Multifamily team for the support, and to the Commercial Real Estate Development Association (/Oklahoma Chapter) for their acknowledgment and incredible event.

Here are some details of the winning transaction:
-- Cedar Park Apartments in Tulsa, OK
-- 467 Units, 1970 YOC
-- Purchase Price: $31,250,000

05/14/2026

LISTING UPDATE: Avera Living Memorial Apartments - Tulsa, OK

What has changed on this opportunity?
-- Occupancy – It has increased and is now over 96%
-- Additional Units – Two newly constructed units, a 1 bedroom & a 2 bedroom unit
-- Increased income – Year over year income is up over $90k (38.3%)

This adds up to a compelling opportunity with a CAP rate well above 7.5%.

📩 Interested in this incredible investment opportunity? Reach out!

05/12/2026

The Tulsa multifamily market started the year on a positive note, with several indicators pointing toward continued growth. Here are some key takeaways from our recent Multifamily Market Report:

-- Tulsa recorded 285 newly completed apartment units in the first few months of 2026.
-- Construction activity declined for the ninth straight quarter, with just 80 units underway as of Q1.
-- Overall occupancy held steady at 95.9%, as all property classes saw decreases except for Class A.

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05/11/2026

🗣️NEW LISTING: Avera Living Memorial Apartments - Tulsa, OK

Renovated in 2023 and converted from hotel to multifamily, this 61-unit property offers strong in-place income, 96%+ occupancy, and HUD-backed revenue stability in a high-demand rental corridor.

Key Investment Highlights:
-- Clear rent upside: $699 average rents vs. $940 market comps
-- Turnkey asset with limited deferred maintenance, metal-frame construction, and fire sprinklers
-- 61 units | Renovated in 2023 | Hotel-to-multifamily conversion

We expect this property to trade between $3.75M and $4M, which yields a strong CAP rate of 7.3% to 8%.

Stay tuned for more details!

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03/17/2026

Colliers sponsored our first Multifamily Symposium in Oklahoma City and it was a resounding success!

I had the opportunity to speak on one of our panels, where we dove into the current state of the multifamily market and what’s to come. It was great to see such a diverse group of Real Estate Professionals together in one place for an informative and lively event!

Special thanks to:

for his vision for this event and to
&
for organizing and bringing that vision to life.

And of course, thank you to everyone who attended! We are already talking about next year’s event so stay tuned...

03/16/2026

🤝SOLD: Fort Smith Portfolio - Fort Smith, AR

We are proud to announce that the Fort Smith Portfolio has been sold! The portfolio included...

-- Forrest Brook Apartments: This 1984 vintage asset is primed for upside with its terrific location and favorable unit mix that includes townhouses.

-- Stone Creek: 100% occupied, this asset has easy access near the University of Arkansas-Fort Smith, the interstate highway, and multiple employment hubs. This 2008 property was in great condition.

📩Reach out if you would like any details about this transaction. Also, if you are thinking of selling or refinancing, let’s connect! We would be happy to work up a proposal and discuss the market and valuation of your property.

01/22/2026

The Colliers Multifamily team will be attending the NMHC Multifamily Conference next week in Las Vegas.

Reach out if you would like to schedule some time to connect!

12/09/2025

NEW LISTING: Metro Plex Apartments - Tulsa, OK

The Colliers Oklahoma Multifamily Team is proud to present Metro Plex Apartments!

- 1975 construction, 2016 renovation
- 217 LARGE units, avg. size: 1,052 SF
- Balanced unit mix attracting families, professionals, and long-term renters
- Fully renovated interior/exterior, minimizing near-term capital needs
- $1,075 avg. in-place rent
- Consistent 95-99% occupancy in a submarket with 85,000 jobs nearby
- Adjacently located to the Eastgate Metroplex, a 1M SF employment center

Want to find out more upside to this opportunity?

DM to find out more!

Address

Tulsa, OK

Telephone

+19182303875

Website

http://capstone-companies.com/

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