Institutional Property Advisors (IPA), a leading national institutional apartment advisory and brokerage firm, has added Peter Von Der Ahe and his team of six professionals to its roster of senior advisors, according to IPA national director Brian Murdy.
Von Der Ahe has been a leading broker of major New York metro apartments for 12 years, completing the sale of $360 million in properties over the last three years alone and more than $730 million since the start of his career.
Recognized as a Commercial Broker All-Star for the past four years by Real Estate New York magazine, Von Der Ahe has ranked consistently among the Top 10 most active brokers in New York City for multifamily properties. His client list includes some of the industry’s most prominent institutional and major private investors. Von Der Ahe will be a senior director for IPA and will lead the IPA New York team.
“Peter and his team will play a critical role in the expansion of our national platform through his New York-based client relationships and in our further penetration of the vast New York market locally,” says Murdy, who himself joined the firm last September from Cornerstone. “Peter’s real estate consulting background at Arthur Andersen, transactional expertise and long-term client relationships are well-aligned with the advisory platform IPA has built over the last two years.”
“The addition of Peter to our team is a critical part of our strategic plan to expand our collaborative national platform, which is designed specifically to service major apartment investors,” says Hessam Nadji, Marcus & Millichap’s managing director who oversees the firm’s IPA division.
Von Der Ahe joined Marcus & Millichap in 2002 as an associate in the firm’s Manhattan office, rising to first vice president investments in January 2012. He is the director of the firm’s National Multi Housing Group and Special Assets Services.
While with Marcus & Millichap, Von Der Ahe has earned six National Achievement Awards and eight Sales Recognition Awards, joining the firm’s exclusive Chairman’s Club in 2012. Prior to joining Marcus & Millichap, Von Der Ahe drew on his institutional underwriting background in his work with the New York City office of Arthur Andersen’s Real Estate Consulting Group.
IPA was formed just over two years ago as a special division of Marcus & Millichap dedicated to serving the needs of institutional and major private investors. Its national team of senior advisors operates on a collaborative and open platform to help major investors meet their acquisition needs, assist them with formulating the right strategy based on the firm’s industry-leading research, provide capital markets expertise and maximize value in the sale of properties.
Since its introduction, IPA’s sales volume of major apartments has nearly doubled, positioning Marcus & Millichap/IPA among Real Estate Alert’s top five institutional apartment brokers nationally. In October, the firm expanded its services by introducing IPA-Capital markets, which works in an integrated fashion with the firm’s investment sales advisors to help clients with debt, equity, structured finance and capital advisory needs.
