IPA Expands into Pacific Northwest with the Addition of Portland
Elizabeth Davis, a veteran broker with a strong track record working with
institutional investors, is director of IPA Portland.
PORTLAND, Ore. -- May 5, 2014
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.”
“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
“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.
With a network of senior-level investment advisors located throughout the
United States, Institutional Property Advisors (IPA) is qualified to meet the
needs of institutional and major private investors. IPA’s combination of real
estate investment and capital markets expertise, industry-leading technology,
superior support services and acclaimed research offer customized solutions
for the acquisition and disposition of institutional properties and
Institutional Property Advisors
Gina Relva, 925-953-1716
Public Relations Manager
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