Institutional Property Advisors (IPA), a specialised division of Marcus & Millichap dedicated to serving the company’s institutional clients, announced on May 7th that Rob LeDoux has joined IPA as a senior director in Palo Alto, California. LeDoux will broker multifamily investment property transactions on behalf of institutional and major private clients in partnership with the Institutional Property Advisors Northern California team of Philip Saglimbeni, Salvatore Saglimbeni, Stan Jones, and Alex Tartaglia.
“IPA has built and maintained a decades-long dominant market share position throughout the Bay Area and greater Northern California,” said Andrew Leahy, national director of IPA’s multifamily division. “Hiring Rob deepens our ability to serve investors pursuing multifamily investment opportunities throughout Northern California and furthers our continued growth and expansion of the IPA platform.”
Previously a director at Walker & Dunlop, LeDoux joins IPA with 15 years of commercial real estate industry experience serving institutional investors throughout Northern California. Over the course of his career, he has been involved in transacting over 15,000 units, totalling more than USD 4 billion in sales volume.
With the addition of LeDoux, the IPA team in Northern California has over a century of combined multifamily commercial real estate investment experience. In the last decade alone, the team has closed over 221 transactions on behalf of their clients valued at over USD 15 billion.
“One of the great benefits IPA provides to institutional and major private clients in Northern California is the ability to deliver advisory, acquisition and disposition services with a focused team of investment professionals,” said Philip Saglimbeni. “Rob’s work ethic, transactional expertise, and versatile skill set make him a valuable addition. We are very pleased to welcome him on behalf of our clients.”
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