Multifamily Market Maelstrom: What's Brewing for Marcus & Millichap The recent sale of two Oregon apartment communities by Institutional Property Advisors (IPA), a division of Marcus & Millichap, has set tongues wagging in the multifamily market.
With a total consideration of $83 million, these deals are being hailed as a testament to IPA's strength in supporting institutional multifamily deal flow across the Pacific Northwest region.
However, this success story belies underlying concerns that threaten to disrupt the market.