CALABASAS, CA – Institutional Property Advisors (IPA), a
multifamily brokerage division of Marcus & Millichap serving the needs of
institutional and major private investors, has named Brian T. Murdy (top right photo) national director, according to John J. Kerin (lower left photo),
president and chief executive officer of the firm.
Most
recently, Murdy served as a portfolio manager of Hartford, Conn.-based
Cornerstone Real Estate Advisers’ flagship core open-end fund.
“Our goal
for this position has been to appoint an experienced executive from the
institutional investment community in order to bring a client-oriented
approach, expertise and leadership to our IPA team,” says Kerin.
“Brian’s extensive
and diverse background in raising and managing institutional funds, forming
investment strategy and overseeing large and shifting portfolios stood out as
major advantages for our institutional clients and our IPA brokerage team,” he
adds.
A 28-year veteran of the institutional multifamily
investment industry, Murdy held the positions of portfolio manager for
Cornerstone Real Estate Advisers since 1999.
For a complete copy
of the company’s news release, please contact:
Stacey Corso
Public Relations Manager
(925) 953-1716
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