PHOENIX—Institutional Property Advisors adds Steve Gebing to its roster of senior advisors. Gebing has been a leading broker of major multifamily properties with Marcus & Millichap for more than eight years, completing nearly $800 million in recent transactions. His clients include some of the nation's largest institutional and major private multifamily investors. Steve will be a senior director for IPA and will lead the Arizona team.

Steve joined Marcus & Millichap in 2006 as an associate in the firm's Phoenix office, rising to vice president investments in July 2012. He is also a director of the firm's National Multi Housing Group, where he has earned three National Achievement Awards and three Sales Recognition Awards. Prior to joining Marcus & Millichap, Gebing spent nearly seven years working for IBM, where he served as the worldwide sales and marketing manager for IBM's emerging storage virtualization software. In this role, Gebing had responsibility for identifying new market opportunities and coordinating go-to-market activities, as well as developing, communicating and strengthening the portfolio's value proposition.

Gebing tells GlobeSt.com: “IPA's officers and advisors form an exclusive national network of institutionally qualified, senior-level multifamily brokerage professionals with services customized to the needs and sensitivities of institutional and major private investment professionals. The deep experience level of our national IPA teams coupled with Marcus & Millichap's commitment to the IPA platform will greatly enhance my group's ability to service our clients and grow our team.”