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Transaction Total:
$1,747,340,288
Winners:
Steve Gebing and Cliff David
Company:
Marcus & Millichap
Award Highlights:
  • Gebing and David have a deep commitment and singular focus on multifamily investment sales
  • The duo has earned a reputation as one of the top multifamily investment advisors in Arizona
  • Maxwell on 66th sold for $122.5 million, making it the highest price per unit for a garden-style community in Arizona history

Steve Gebing and Cliff David are among the top brokers of Marcus & Millichap's Institutional Property Advisors (IPA) division. One of their most notable transactions of 2020 was the sale of Maxwell on 66th, a 349-unit luxury garden-style apartment property in the North Scottsdale Corridor of Phoenix. Built in 2020, the asset sold last November for $122.5 million, or $351,003 per unit, making it the highest price per unit for a garden-style community in Arizona history, and it sold pre-stabilized.

Steve and Cliff have built trust in the industry through impeccable execution and producing outsized results for clients. They have a deep commitment and singular focus on multifamily investment sales. In 2020, they completed a total transaction volume in excess of $1.7 billion. Since joining the firm more than 15 years ago, they have earned a reputation as one of the top multifamily investment advisors in Arizona. Colleagues say that Steve and Cliff have achieved extreme success while supporting the business goals of multifamily investors throughout Arizona. They have positive attitudes and energies that create a level of motivation for all who work with them. Steve and Cliff have received Marcus & Millichap's Circle of Excellence and Chairman's Club awards for the past four years, and have received the firm's highly competitive National Achievement and Sales Recognition Awards each year for a decade.

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About the Author

Lisa Brown has more than 30 years of experience in corporate communications and marketing management with organizations including Grubb & Ellis, Marcus & Millichap and NAIOP.
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