Texas' Leading Multifamily Investment Sales Team

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Maximizing Value for Multifamily Investors

IPA Texas is built on more than 50 years of experience and more than $8 billion of apartment assets sold. Our skills and expertise make us leaders in the industry.

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  • 577

    Total Sales

  • $10B

    Sales Volume

  • 143,631

    Total Units Sold

  • 322

    Offers Executed in 2019

  • 103%

    Percentage of Strike Price

The Carolyn

  • Location: Las Colinas, TX
  • Year Built: 2020
  • Units: 319
View Offering Memorandum & Financials View Details

Toscana at Sonterra

  • Location: San Antonio, TX
  • Year Built: 1998
  • Units: 248
View Offering Memorandum & Financials View Details

Edge & Stone

  • Location: San Antonio, TX
  • Year Built: 2020
  • Units: 335
View Offering Memorandum & Financials View Details

Vantage at Germantown

  • Location: Memphis, TN
  • Year Built: 2020
  • Units: 288
View Offering Memorandum & Financials View Details

Oak Creek & Windrush Portfolio

  • Location: San Antonio, TX
  • Year Built: 1972/1975
  • Units: 230
View Offering Memorandum & Financials View Details

Encino Trace

  • Location: College Station, TX
  • Year Built: 2021
  • Units: 340
View Offering Memorandum & Financials View Details

IPA Texas

Texas multifamily is our specialty. We have investment sales specialists located in every major market in the state. Our team is committed to offering you innovative marketing strategies and superior client services with a commitment to ethics and integrity.

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Client Testimonials

"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."

Joe Mandelbaum
RealTax Advisory Services, LLC

“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.”

Anthony Ly
Hamilton Zanze

“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.”

Daniela Stumpe
Atlantic Pacific Real Estate Group

“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.”

Chris Davis
Sendera Investment Group

”Thanks, your team has been great and we are glad to get another one done with IPA.”

Mike Gilmartin
TH Real Estate - Nuveen

“Will, thanks for a job well done by you and your colleagues!”

Noel Belli

"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."

Michael Becker
SPI Advisory

“Will, congrats on the closing of Quarry Townhomes. You were a true professional throughout the process.”

Gregory Canzano
Ares Management, LLC

“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.”

David Levin
Magellan Investment Partners

“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.”

Thomas Wells
Koontz McCombs Construction, Ltd.

“Will, many thanks for your awesome execution on this portfolio sale.”

Alan George
Equity Residential REIT

“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.”

Roger Beless
Archon Group

“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.”

Eric Horan
Metlife Real Estate

“Thank you for a great execution on this transaction.”

Chris Conklin

"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."

Greg Smith
Rockwood Capital

“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.”

David Hanchrow
Bristol Development

“Will, thank you for the fine job you did on this disposition – great job and great process!”

David Rodgers
CMS Companies

“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."

Stuart Hendry
Hendry Investments

“Will, you said you would deliver great results, and you really did. Thank you!”

Laynie Miller
UBS Realty Advisors

“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!”

Spencer Stuart, Jr
Legacy Partners Residential Development, Inc.

“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.”

Al Pace
Pacific Urban Residential

“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.”

Scott Robinson
Sarofim Realty Advisors

“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.”

Bruce Thayer
Thayer Manca Residential LLC

IPA Texas Events

IPA Texas News

August 4, 2020

Two Suburban North Dallas Apartment Complexes Sold by Institutional Property Advisors

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of two multifamily properties totaling 710 units in suburban North Dallas. The properties are Jefferson Eastshore, a 286-unit asset in Irving, and Jefferson Boardwalk, a 424-unit property in Farmers Branch.

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August 4, 2020

Institutional Property Advisors Brokers Metroplex Multifamily Sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of The Bowery at Southside, a transit-oriented, 303-unit multifamily property in the South Main Village development in Fort Worth, Texas.

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August 4, 2020

Suburban Austin Multifamily Asset Sale Brokered by Institutional Property Advisors

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Parkwood Terrace, a 144-unit multifamily asset in Round Rock, Texas.

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