SAN DIEGO—Institutional Property Advisors, a division of Marcus & Millichap, has expaned its national team of senior advisors with the addition of Christopher Zorbas, according to Brian Murdy, national director of IPA.

Zorbas will be a senior director overseeing IPA San Diego. He and his team will work with IPA senior director Stewart Weston’s team in San Diego.

Zorbas has been a leading broker of major multifamily properties with Marcus & Millichap for nearly 13 years, completing over $433 million in transactions in the last two years. His clients include some of the nation’s largest institutional and major private multifamily investors.

“Chris’ client focus and commitment to providing superior service is a perfect fit for IPA,” says Murdy. “His presence deepens our strength in Southern California and will help expand our services to clients throughout the West Coast.”

“This move represents another important element of our strategic plan to provide comprehensive and integrated investment advisory services to major apartment investors through an expanding national collaborative platform,” says Hessam Nadji, Marcus & Millichap’s chief strategy officer.

Zorbas joined Marcus & Millichap in 2001 as an associate in the firm’s San Diego office. He was promoted to vice president investments in 2008. Zorbas received a Bachelor of Science degree from San Diego State University. 

Since its introduction, IPA’s sales volume of major apartments has nearly doubled, positioning IPA/Marcus & Millichap at No. four on Real Estate Alert’s list of top national institutional apartment brokers. Combined with IPA Capital Markets, IPA provides institutions and major private investors with an integrated platform that offers a full range of services including investment sales, acquisition sourcing, financing and equity solutions.