Institutional Property Advisors Brokers $44M Sale and Arranges $27.4M Financing for LA Multifamily Asset
Marcus & Millichap, Inc. (MMI)
Last marcus & millichap, inc. earnings: 2/20 04:04 pm
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Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI) dedicated to serving the company’s institutional clients, announced the sale of 9733 Topanga Canyon, a 119-unit multifamily property in the Chatsworth neighborhood of Los Angeles, California. The property sold for $44 million, which represents $369,748 per unit.“9733 Topanga Canyon was acquired to satisfy a 1031 exchange,” said Kevin Green, IPA executive managing director. “The buyer sought a high-quality, stabilized asset in a market with strong fundamentals and long-term growth potential.” Green, Joseph Grabiec, and Gregory Harris of IPA represented the seller, a private multifamily investment firm, and procured the buyer, Amoroso Companies. Brian Eisendrath and Cameron Chalfant of IPA Capital Markets arranged $27.4 million in agency financing. “The financing structure we arranged allowed the buyer to lock in long-term fixed-rate debt and execute a smooth 1031 exchang
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News
- Marcus & Millichap (MMI): Is There Value in the Current Market Environment? [Yahoo! Finance]Yahoo! Finance
- Marcus & Millichap (NYSE:MMI) had its "sell (d+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Marcus & Millichap: Cautious Optimism As Q3 2025 Gets Out Of The Red [Seeking Alpha]Seeking Alpha
- Marcus & Millichap: Not Much Value To Investors From This Cyclical Company [Seeking Alpha]Seeking Alpha
- Institutional Property Advisors Brokers $107M Sale, $71M in Financing for San Gabriel Valley Multifamily AssetBusiness Wire
MMI
Sec Filings
- 11/7/25 - Form 10-Q
- 11/7/25 - Form 8-K
- 9/12/25 - Form 4
- MMI's page on the SEC website