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First Vice President / Regional Manager at Marcus & Millichap

We are proud to highlight our IPA Multifamily team’s recent sale of Desert Club, a 497-unit multifamily community in Phoenix. This transaction is the largest single asset multifamily sale in Arizona in over two years, and one of the ten largest single asset multifamily sales in the United States to date. “Unprecedented, 20-year consecutive institutional ownership is a testament to Desert Club’s differentiated physical attributes and the unrivaled appeal of North Scottsdale, Arizona’s most sought-after submarket,” shared Steve Gebing. Read this article by Business Wire to learn more. #ipausa #cre #commercialrealestate #multifamily #arizonamultifamily

Marcus & Millichap’s Institutional Property Advisors Closes $187.5 Million Multifamily Asset Sale in Phoenix

Marcus & Millichap’s Institutional Property Advisors Closes $187.5 Million Multifamily Asset Sale in Phoenix

businesswire.com

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