In 2024, the Azzi Group at Marcus & Millichap successfully closed a deal for $85 million with the sale of their San Fernando Valley portfolio. This impressive portfolio consisted of 596 apartment units spread across 16 parcels, making it not only the largest multifamily transaction in the Valley that year but also ranking as sixth largest in all of Los Angeles County.
The competitive nature of this process was evident by receiving a total of 28 offers, highlighting both market strength and our team’s ability to handle complex deals through strategic execution and collaboration. Tony Azzi acted as seller’s agent while Rabbie Banafsheha, Kristen Sullivan, and Arteen Zahiri represented the buyers.
Currently holding multiple active listings and four major deals under contract – including Silverlake Towers in Los Angeles – The Azzi Group continues to demonstrate their expertise in navigating successful transactions within various markets.
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