Our Mission
Our IPA Texas mission is to provide superior advisory and brokerage services to institutional and major private multifamily investors through first class analytics, brokerage, capital markets, graphics, research and marketing. We strive to have the best team in the real estate business that provides opportunities for personal and professional development over the long-term.
Brokerage & Advisory Services
IPA Texas’ unparalleled approach to multifamily brokerage maximizes value for our clients through our detailed work ethic, first class client service and step by step reporting. IPA Texas brings the best of both worlds to Texas and Midwest investors; local expertise, track record and roots throughout the region, coupled with national relationships and a national transaction platform. This results in the importing of capital into these regional markets from national buyers through our personal relationships and the IPA and Marcus & Millichap Platform.
View Our PropertiesIPA Capital Markets
IPA Capital Markets is a leading capital markets platform providing major investors with a full range of debt and equity placements and advisory solutions. Our expertise and services cover the entire capital stack and all asset classes and investment objectives. The IPA Capital Markets team is supported by Marcus & Millichap Capital Corporation’s (MMCC) 44 offices and more than 100 capital markets professionals. The MMCC team closed 1,651 financing transactions in 2016, making it one of the largest financial intermediaries in the United States.
Our IPA clients receive real-time insight into each component of the capital required for their transaction, enabling them to focus on transaction execution. IPA capital markets specialists have long-standing strategic relationships with leading global capital solutions, including life companies, banks, conduits, pension funds, and sovereign wealth funds, as well as private, family office and institutional capital. Financings include fixed and floating rate loans, bridge and mezzanine loans, and preferred and common equity.
Click Here to Learn MoreResearch & Analytics
IPA Texas provides a combination of local market expertise and coverage in every Texas metro and surrounding secondary markets with national multifamily market research through our Institutional Property Advisory platform to deliver superior underwriting and industry-leading research knowledge. Marcus & Millichap’s Institutional Property Advisors is a unique platform centered around a select national network of institutionally qualified professionals, and supported by a robust technology platform and highly regarded research.
- Timely communication of the latest macro-economic and market trends, including real-time data on buyer demand and pricing
- Institutional Property Advisors’ market knowledge integrated with top-down research to provide clients with value-added insights based on economic, demographic and real estate indicators down to the submarket level
- Actionable research, cutting-edge market information and analysis to maximize returns: Top-down strategic analysis of portfolios and property-level analysis that enables investors to formulate the optimal decision
Represented Clients
Client Testimonials
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.
Gary Williams
GenCap Partners
"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."
Nelson Crowe
Endeavor Real Estate Group
“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."
Anthony Wonderly
Bellrock Real Estate Partners
“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
“Will, thanks for a job well done by you and your colleagues!”
Noel Belli
Sentinel
"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
“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
RREEF
"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
“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
Meet the Team
IPA Texas is composed of a team of professionals that specialize by areas of responsibility, including research, analysis/underwriting, electronic and print marketing, transaction management and sales. Will Balthrope and the IPA Texas brokers personally maintain accountability for client service and results with the benefit of a professional support team with over 50 years of experience.
Learn About Our Team