Institutional Property Advisors (“IPA” or the “Company”), a division of Marcus & Millichap, Inc. (NYSE: MMI) is seeking a Senior level Associate to join a top producing Los Angeles and Dallas-based capital markets advisory team with 2 senior members with 75 years combined debt and equity placement experience and over $30B in historical transaction volume. The candidate will be exposed to all commercial and residential product types (both cash-flowing and construction) including multifamily, office, industrial, retail, various specialty commercial and residential product types such as land, self-storage, medical office, student housing, build-for-rent residential and for-sale residential. The candidate will also be exposed to and learn the specifics of various capital types including senior fixed rate and floating rate bridge debt, mezzanine and preferred equity, joint venture equity and co-GP equity. With senior member mentorship, the candidate will be responsible for analyzing new transactions, creating financial models, producing high quality marketing materials and delivering detailed market analysis to secure debt and equity financing for commercial real estate developers, investors, and owners. Over time, the candidate will interact with the team’s clients, and it is expected that the candidate will learn to pitch transactions to senior debt, mezzanine and preferred equity and joint venture and co-GP equity capital sources after a period of training with the senior members and once demonstrating a firm mastery of the role of the capital advisor in various financing transactions.
The position will be located in Dallas, TX with occasional travel to Los Angeles required.
Institutional Property Advisors is a leading commercial real estate services firm providing institutional clients with commercial real estate investment sales and capital markets expertise and acclaimed research. A leading advisory to the institutional investment community, the IPA multifamily investment sales practice has closed $15B of transactions over the past 12 months.
Marcus & Millichap revolutionized the real estate brokerage industry. The firm was designed to go far beyond simply facilitating real estate transactions. It was developed as an entire system dedicated to maximizing value for real estate investors.
In 1971, founders George Marcus and William Millichap launched a new real estate investment business model based on a unique method of matching each property with the largest pool of pre-qualified investors. This simple premise, coupled with an unfailing drive to measure success by client satisfaction, enabled the company to emerge as the industry’s pre-eminent real estate investment services firm.
The founders’ vision has been realized by a commitment to specialization, the willingness to foster a culture of information sharing and the foresight to pioneer real estate technology. Today, Marcus & Millichap is the industry’s largest firm specializing in real estate investment sales, financing, loan sales as well as a leading source of research and advisory services.
Marcus & Millichap provides equal employment opportunities to all employees and applicants for employment without discrimination with regard to race, religious belief (including dress or grooming practices), color, sex, sex stereotype, pregnancy, childbirth or related medical conditions (including breast feeding), age, national origin, ancestry, sexual orientation, gender identification and expression, transgender status, physical or mental disability, medical condition, genetic characteristics, genetic information, family care, marital status, enrollment in any public assistance program, status as military, a veteran or qualified disabled veteran, status as an unpaid intern or volunteer, or any other classification protected by law. We also prohibit discrimination based on the perception that anyone has any of those characteristics, or is associated with a person who has or is perceived as having any of those characteristics. In addition to federal law requirements, Marcus & Millichap complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
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