HOUSTON—Institutional Property Advisors (IPA), a division of Marcus & Millichap, has added Nester Clark to its national team of senior advisors. Clark will work with IPA Texas as a director in the firm’s Houston office.
“Nester Clark’s high level of analytical, advisory and commercial real estate investment skills make him an excellent fit for the IPA platform,” says Brian Murdy, national director of IPA. “His in-depth industry experience and wide-ranging market knowledge will be of great benefit to our institutional and large private clients in Houston, throughout Texas, and across the country.”
After graduating from Harvard University, Clark began his real estate investment career as an analyst for Goldman Sachs‘ Whitehall Real Estate Funds and Asian Special Situations Group. He later became the youngest partner ever at Soros Real Estate Partners, where he jointly managed a $1 billion private equity fund.
“IPA’s unique and powerful system for providing investors with the most complete and nuanced investment services in the industry provides me with a compelling opportunity,” says Clark. “I am very pleased to be able to offer IPA’s services to my clients and to investors throughout the region and country.”
IPA is one of the country’s leading providers of institutional-quality commercial real estate investment services, including portfolio and property-level analyses, capital market solutions, research, acquisition sourcing and property sales. In 2013, the company closed over $3.3 billion in multifamily sales valued at $25 million and above.