Press release content from Business Wire. The AP news staff was not involved in its creation. Institutional Property Advisors Negotiates $80.75 Million Apartment Complex Sale in Portland, Oregon January 27, 2021 GMT PORTLAND, Ore.--(BUSINESS WIRE)--Jan 26, 2021-- Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Sunset Summit, a 261-unit multifamily property in the West Hills neighborhood of Portland, Oregon. The property sold for $80.75 million, which equates to $309,387 per unit. ADVERTISEMENT “The sale represents the first ti...