Institutional Property Advisors Closes Class A Multifamily Asset Sale in Suburban Phoenix
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IPA Brokers Sale of 275-Unit Multifamily Property in Peoria, Arizona
PEORIA, ARIZ. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale of Parc Roundtree Ranch, a 275-unit multifamily property located between Loop 101 and U.S. Route 60/Grand Avenue in Peoria. Terms of the transaction were not released. Steve Gebing and Cliff David of IPA represented the seller and procured the buyer, both of which requested anonymity, in the deal. Completed in 2021, Parc Roundtree Ranch…
Institutional Property Advisors Closes Class A Multifamily Asset Sale in Suburban Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) dedicated to serving the company’s institutional clients, announced the sale of Parc Roundtree Ranch, a 275-unit multifamily property in Peoria, Arizona. “Located in the West Valley’s most affluent municipality and emerging high-tech employment corridor, Parc Roundtree Ranch is distinguished by its low-density, amenity-rich […] The post Institutional Property Adv…
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