Marcus & Millichap Arranges Sale of 23-Unit Student Housing Property in Whitewater, Wisconsin

WHITEWATER, Wis., Sept. 22, 2025 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of The Element, a 23-unit, 87-bed student housing property in Whitewater, Wisconsin.

"The Element presented a rare opportunity to acquire purpose-built student housing in a high-demand university market," said Matthew Whiteside, senior managing director investments. "Its proximity to campus and strong occupancy history made it especially attractive to investors."

Whiteside, investment specialists in Marcus & Millichap's Milwaukee office, had the exclusive listing to market the property on behalf of the seller, CatCon Whitewater, LLC.

Element Apartments, located at 234 N Prince St., features 23 units across 28,291 rentable square feet on 1.79 acres. The property includes one- to four-bedroom floor plans and an adjacent four-bedroom house at 1018 W. Florence St., totaling 87 beds. Built in 2012, it is positioned directly across from key University of Wisconsin-Whitewater academic buildings.

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About Marcus & Millichap, Inc. (NYSE: MMI)

Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit https://www.MarcusMillichap.com.