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I wanted to relay to you my appreciation for the job that your team did in the marketing of Park at Estancia. From marketing the asset while navigating the challenges of COVID-19, to identifying a dependable buyer that sticks to their word, to negotiating the purchase price and providing support through the due diligence and closing, I could not be more pleased.
"Thank you very much for everybody’s hard work throughout the process. Without question, we picked the right team for the listing assignment and we are very happy with how everything played out."
“Drew, Joey and the rest of the IPA Team, it was a wonderful experience working with you all. Your knowledge, expertise and professionalism were an appreciated guiding light throughout our successful property acquisition. We look forward to doing many more transactions with you in the future."
"Our team is very appreciative of all that you have done to make this one of our most successful acquisition closings. Our firm has been doing business in Texas since 2001. We have worked with a variety of Texas brokers from CBRE, ARA, JLL, HFF, Berkadia and Colliers. You now rank in our top 5% due to your diligence, follow-up, professionalism and stick-to-itiveness."
“We have been on both sides of the fence with IPA. They are high performers and market experts that deliver during all phases of a transaction. They are great to work with and we look forward to working with them again.”
“Joey worked diligently to forward the progress of our deal, ensuring all questions were answered and all documents were received in a timely manner. Our transactions with Joey have consistently run smoothly; he is a great advocate for his clients and customers, and he helps all parties work together even in the toughest situations to get the deal done.”
“You guys are a first-class operation and we appreciate your efforts. Perseverance paid off on this deal. We have happy investors and a happy GP.”
”Thanks, your team has been great and we are glad to get another one done with IPA.”
“Will, thanks for a job well done by you and your colleagues!”
"We have purchased a few deals and listed Holly Oaks in Weatherford with IPA Texas. Overall, we were very pleased with the flawless execution and quality buyer that brought us to the top end of our range. We look forward to doing more business with IPA Texas, both buying and selling."
“Will, congrats on the closing of Quarry Townhomes. You were a true professional throughout the process.”
“You and your team did a noteworthy job in the sale of The Mosaic in Downtown Dallas. The marketing process was very professional and your broad reach to a buyer pool of all types proved very efficient and in the end quite successful. I would recommend your firm to anyone.”
“Will Balthrope and his team have sold five new construction, Class A assets totaling approximately $200 million across the state of Texas for Koontz McCombs. They have always exceeded our expectations, developed a sense of loyalty with our company and have achieved the highest price.”
“Will, many thanks for your awesome execution on this portfolio sale.”
“Will, congratulations on closing two sales for us recently. You did some very nice work on both…good communication and seamless execution on both deals.”
“Thanks again for a job well done. You should be quite proud of the timeframe in which this transaction was processed and commended for delivering on all aspects of the service you promised to provide. We are very appreciative.”
“Thank you for a great execution on this transaction.”
"Your team is the most organized & responsive of any group I have worked with in Texas. Thank you for your help in closing this transaction."
“We closed the sale of our property last Friday, and Will Balthrope did a great job. We really appreciate his facilitating this deal in such an uncertain market.”
“Will, thank you for the fine job you did on this disposition – great job and great process!”
“Congratulations and thank you for all of your work on getting our apartment portfolio sold! We appreciate your attention to detail and your timely communication and updates regarding the progress of the transaction."
“Will, you said you would deliver great results, and you really did. Thank you!”
“I strongly recommend IPA Texas. Mr. Balthrope recently marketed the Delante project we built in Las Colinas. He generated over 52 tours and 44 offers, one of which he kept alive until the partners reached a consensus and agreed to the sale, eight months later!”
“Will Balthrope’s national relationships with major institutional investors, coupled with the IPA national platform, resulted in the successful sale of The Residence Waterstone in Baltimore, Maryland, and helped us meet all of our objectives.”
“Congratulations on a well-executed task of marketing the property. I think we hit the timing just right and the outcome proved to be a strong confirmation. It produced a 36% IRR and 2.2x profit multiple over a thirty-four month hold period for our investor.”
“Anytime I've needed insight to the market, you've always put your staff and the considerable resources of your office to work assisting me. Will, you've been a great business partner and a good friend...my business will always stay with you.”
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Park at Estancia, a newly constructed, 320-unit multifamily property situated within the master-planned community of Estancia Hill Country in the Far South neighborhood of Austin, Texas.
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of The Huntington, a 320-unit, five-story luxury multifamily property in Plano, Texas.
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Trinity at Left Bank, a 337-unit five-story multifamily property located in the West 7th District of Fort Worth, Texas.