Institutional Property Advisors Negotiates Sale of Generational Midrise Multifamily Asset in Scottsdale
Marcus & Millichap, Inc. (MMI)
Last marcus & millichap, inc. earnings: 2/20 04:04 pm
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Source: Business Wire
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Marcus & Millichap (NYSE: MMI), a leading national real estate services firm specializing in commercial real estate investment sales, financing, research and advisory services, today announced that its Institutional Property Advisors (IPA), its division serving major private and institutional clients, completed the sale of Scottsdale on Main, a 119-unit, luxury midrise multifamily asset in Scottsdale, Arizona. The $66.1 million sales price represents $555,462 per unit.“Scottsdale on Main was constructed as a monument to Downtown Scottsdale’s luxury reputation, emblematic of its exclusivity, affluence, and unmatched lifestyle,” said Steve Gebing, IPA executive managing director. “The property is one of only 11 multifamily assets with 100 or more units constructed over the last 25 years in a location that benefits from the competitive shelter of future multifamily supply.” Gebing and Cliff David, IPA executive managing director, represented the se
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- 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