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IPA’s Northern California Team Closes Deals Totaling over $2 Billion

Company: 

Institutional Property Advisors, a Division of Marcus & Millichap

Sales Total

$2,037,887,500

The Northern California team of Institutional Property Advisors, a division of Marcus & Millichap, includes Stanford Jones, Philip Saglimbeni, Salvatore Saglimbeni, Alexander Tartaglia, and Robert LeDoux.

During 2025, the team handled nearly $2.04 billion in sales volume, selling 16 multifamily properties totaling 4,000 units throughout the Bay Area.

One notable highlight involved the $322.7-million sale of the 650-unit Ascent Apartments in San Jose. The deal was one of the largest single-family-to-multifamily transactions in the region in recent years.

These are some of the reasons we selected the Northern California team of IPA as one of Connect CRE’s California Top Broker Award winners for 2026. These awards recognize industry professionals who have demonstrated the highest standards and transaction volumes in investment sales and leasing.

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Inside The Story

IPA's Stanford JonesIPA's Philip SaglimbeniIPA's Salvatore Saglimbeni

About Amy Wolff Sorter

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