- Institutional Property Advisors (IPA), a division of Marcus & Millichap Inc., announced Aug. 3 that it handled the sale of a 134-bed skilled nursing facility, Crabtree Valley Rehab, located at 3830 Blue Ridge Road in the northwest portion of Raleigh, N.C. IPA Executive Director Mark Myers, Senior Director Joshua Jandris and Associate Director Charles Hilding, all of IPA’s Chicago O’Hare office, advised the seller. Mike Pardoll, senior VP investments and senior director of the national senior housing group, of the firm’s Charlotte office, procured the buyer. The facility was built in two phases, with the 100 and 200 halls built in 1987 and the 300 and 400 halls built in 1993. There are six private rooms and 64 semi-private rooms for a total of 70 patient rooms.
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