Institutional Property Advisors, Calabasas, Calif., sold Parc Broadway, a 324-unit multifamily property in Tempe, Ariz., for $100.25 million, or $309,414 per unit.
Tag: Institutional Property Advisors
Dealmaker: IPA Negotiates $54M Los Angeles Multifamily Asset Sale
Institutional Property Advisors, Calabasas, Calif., sold 205-unit Los Angeles multifamily community Haven Warner Center for $54 million, or $263,415 per unit.
Dealmaker: Institutional Property Advisors Brokers $47M Arizona Multifamily Sale
Institutional Property Advisors, Ontario, Calif., sold Port Royale, a 252-unit multifamily property in Sierra Vista, Ariz., for $46.5 million.
Personnel News from Keller Augusta, IPA, Alliant Credit Union
Keller Augusta announced Matt Galligan will serve as a Senior Advisor to the firm. Galligan was most recently Vice Chairman of CIT’s Real Estate Finance Department and is currently Chairman of the Mortgage Bankers Association’s Commercial Real Estate/Multifamily Finance Board of Governors.
Dealmaker: Institutional Property Advisors Brokers $90M in Multifamily Sales
Institutional Property Advisors, Ontario, Calif., brokered two multifamily property sales totaling $90 million.
Dealmaker: Institutional Property Advisors Closes $40M in Retail, Multifamily Transactions
Institutional Property Advisors, Calabasas, Calif., closed $39.8 million in retail and multifamily transactions in Rhode Island and Arizona.
Personnel News from IPA, Walker & Dunlop, RCLCO, Maverick Commercial Mortgage
Institutional Property Advisors announced the commercial real estate investment brokerage team Scott Chandler, John Stewart and Bill Pitt joined the firm in Toronto.
Dealmaker: IPA Brokers $42M in Retail Property Sales
Institutional Property Advisors, Ontario, Calif., brokered $42.4 million in retail property sales in Indiana, Michigan and Florida.
Personnel News from Institutional Property Advisors, Walker & Dunlop
Institutional Property Advisors hired brokerage team Peter Bauman and Tivon Moffitt in Phoenix.
Dealmaker: IPA Sells L.A. County Apartment Property for $32M
Institutional Property Advisors, a division of Marcus & Millichap, sold South Hills Apartments, an 85-unit apartment property in West Covina, Calif. The $31.95 million sales price equates to $375,882 per unit.