Institutional Property Advisors Facilitates $44M Sale and Secures $27.4M Financing for Los Angeles Multifamily Property
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 30 2025
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Should l Buy MMI?
Source: Newsfilter
Property Sale Announcement: Institutional Property Advisors (IPA) announced the sale of 9733 Topanga Canyon, a 119-unit multifamily property in Chatsworth, Los Angeles, for $44 million, equating to $369,748 per unit.
Buyer and Financing Details: The buyer, Amoroso Companies, acquired the property to fulfill a 1031 exchange, with IPA arranging $27.4 million in agency financing to facilitate a smooth transaction.
Property Features and Location: Built in 2009, the property includes amenities such as a swimming pool, spa, and open floor plans, and is located near major employment centers and shopping areas, with high occupancy rates in the neighborhood.
About IPA: Institutional Property Advisors is a division of Marcus & Millichap, specializing in real estate investment and capital markets solutions for institutional clients.
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Analyst Views on MMI
Wall Street analysts forecast MMI stock price to rise
1 Analyst Rating
0 Buy
0 Hold
1 Sell
Moderate Sell
Current: 28.670
Low
29.00
Averages
29.00
High
29.00
Current: 28.670
Low
29.00
Averages
29.00
High
29.00
About MMI
Marcus & Millichap, Inc. is a real estate services company specializing in commercial real estate investment sales, financing services, research, and advisory services. Through its Commercial Real Estate Services, it provides equity advisory services and loan sales, loan guarantees, consulting, and advisory services. It serves clients with one property, multiple properties, and large investment portfolios. Through its Real Estate Brokerage, it represents commercial property owners as their investment broker in the sale of their properties. Its auction services division offers an accelerated way to buy and sell commercial property. Its financing division provides services, such as loan sales and due diligence, and receives recurring loan performance fees from certain lenders. It offers advisory and consulting services in forming investment strategy and making transaction decisions. It provides leasing services for tenants and landlords in connection with commercial real estate leases.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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