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Institutional Property Advisors (IPA), a division of Marcus & Millichap dedicated to serving the company’s institutional clients, arranged the sale and financing of Park Encino, a 52-unit apartment property in the Encino neighborhood of Los Angeles. The property sold for $28 million, which equates to $538,462 per unit. “Despite favorable demographics, strong submarket fundamentals, and increased demand for housing, no ...

A broker’s success is based largely on interpersonal skills, yet those skills can be undercut by the time and effort required to complete the manual tasks that are essential to getting a deal done. The dynamic is similar for sponsors looking to bring in limited partners and finding that the hours it takes to put together deal decks are hours that could be better spent ...

Ambrose announced the signing of three separate leases with occupiers at modern industrial facilities in Cincinnati, Denver and Orlando, totaling over 190,000 square feet of space. Sky Café, a subsidiary of PrimeFlight Aviation Services that provides catering logistics for commercial airlines, has leased 16,640 square feet at Building III of Ascent Commerce Center, a multi-tenant ...

 JLL Capital Markets arranged $26 million in bridge financing for a 7.75-acre industrial outdoor storage facility at 1477 N. Jefferson St. in Anaheim. Senior director Peter Thompson, associate Kyle White and analyst Nick Englhard worked on behalf of the borrower, North Palisade Partners, to secure a non-recourse, three-year, floating-rate loan.   The Class A property occupies 337,590 square ...