- Institutional Property Advisors, a division of Marcus & Millichap (NYSE:MMI) announced the sale of La Vista Apartments, a multifamily asset in Santa Maria, California for $116 million.
- The selling price is equivalent to $252,174 per unit.
- The property is the largest multifamily asset ever sold in Santa Barbara County by number of units and sales price, breaking a record previously set by IPA.







