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| Elizabeth Davis |
PORTLAND, OR – Institutional Property Advisors (IPA), a
division of Marcus & Millichap, Inc. specializing in serving institutional
and major private investors, is pleased to announce the addition of IPA Portland
to its national platform, according to Brian T. Murdy, IPA’s national
director.
Oregon native Elizabeth Davis, an industry veteran
with more than 20 years of experience working with local and national
institutional clients, will lead IPA Portland as director.
“Elizabeth’s brokerage experience with some of the industry’s most
prominent institutional investors and her goals for expanding her practice make
her a strong fit to lead IPA’s expansion in the Pacific Northwest,” says Murdy.
“Portland has emerged as a favorable market and many of our national clients
either have a presence in the market or are interested in expanding there. Elizabeth’s market knowledge and experience
will be of great value in servicing IPA clients.”
“Joining
IPA gives me the opportunity to provide my major private and institutional
clients with IPA’s industry-leading market research, national property
marketing platform and access to both institutional and private capital buyers,
a segment that Marcus & Millichap dominates,” says Davis.
“The strength of working with the IPA market-dominant teams
across the country, and particularly on the West Coast, will bring an
unparalleled brokerage platform to the region,” Davis continues. “I’m thrilled
to bring IPA’s value-added platform to my clients in the Pacific Northwest.”
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| Hessam Nadji |
“Our
recent expansions into the Pacific Northwest and Boston markets provide
institutional clients with an even greater depth of resources to execute their
investment strategies, and we are proud to have Elizabeth as part of our
organization,” says Hessam Nadji, Marcus & Millichap’s chief
strategy officer who oversees the firm’s national specialty groups, including
IPA.
“The IPA platform offers an incredible opportunity for experienced
professionals who share our commitment to client service, collaboration and
value-added brokerage.”
“Adding IPA Portland gives investors direct access to vital
markets in the Pacific Northwest, which includes some of the most active
investment markets in the country,” says Justin White, a vice president
responsible for the firm’s Pacific Northwest region. “Elizabeth’s addition is also a reflection of our growth strategy
in the region,” he added.
IPA is
one of the country’s leading providers of institutional-quality commercial real
estate investment services, including portfolio and property-level analyses,
capital market solutions, research, acquisition sourcing and property sales. In
2013, the company closed over $3.3 billion in multifamily sales valued at $25
million and above.
For a complete
copy of the company’s news release, please contact:
Gina Relva
Public Relations Manager
(925) 953-1716
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