Marcus & Millichap’s IPA sells and finances Luxe Villas in Brentwood for $49.5 million

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Marcus & Millichap, Inc.

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Institutional Property Advisors (IPA), a division of Marcus & Millichap Inc., announced the sale and financing of Luxe Villas, a 60-unit multifamily property in Los Angeles’ Brentwood neighborhood. The asset sold for $49.494 million (about $824,900 per unit), with IPA representing the seller and securing buyer TruAmerica Multifamily, while IPA Capital Markets arranged the acquisition financing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202602201800BIZWIRE_USPR_____20260220_BW076259) on February 20, 2026, and is solely responsible for the information contained therein.

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