Jeffrey Estrada

Associate Director

p: 310.909.5423

e: jeffrey.estrada@marcusmillichap.com

License: CA DRE #02181778

Jeffrey Estrada is a Los Angeles multifamily investment advisor with extensive experience guiding clients through complex transactions. Owners come to him for different reasons; some are ready to step back after decades of ownership, while some are heirs deciding what to do with a building they never planned to own. Others are investors exiting a stabilized asset or consolidating a portfolio. And some are dealing with a building that’s become a problem: litigation, deferred maintenance, insurance trouble, or tenants far behind on rent.

Whatever the situation, Jeffrey gives owners a clear read on what their building is worth and what each option means for them. For heirs and trusts, he works alongside the family’s CPA and attorney on stepped-up basis and the decision to hold, refinance, or sell.

Since 2021 Jeffrey he has closed more than $100 million in transactions, including the $43.3 million Roman Portfolio and the $25.25 million Harper Management Portfolio.

He has represented a wide range of clients, from private clients, family offices and syndicators to city-appointed representatives and institutional ownership, with a focus on maximizing execution certainty, minimizing liability exposure, and delivering strategic outcomes in today’s highly-regulated and rapidly evolving Los Angeles market.

His work spans value-add, stabilized, and development-stage assets, and includes experience across rent-controlled and non-RSO inventory, as well as assets affected by bankruptcy, litigation, delinquent tenants, uninsurable buildings, and non-performing debt.

Known for his analytical rigor, thoughtful counsel, meticulous attention to detail, ability to navigate complex challenges with confidence, and hands-on transaction management, Jeffrey operates with clarity, and a client-first mindset, and has been directly involved in the sale of hundreds of millions in multifamily real estate deals across Core LA.

Interested in learning more about how The Neema Group works? Learn more about multifamily investing or portfolio optimizations.

"Jeff and Neema were well-equipped to handle this complex sale. They listened to my personal goals, understood the buildings, and researched buyer backgrounds so I could make an informed decision. The Neema Group understood the business and human element of this decision. I was able to successfully close, transfer my investment out of California, and move on to the next part of my life with peace of mind."

— Alan Bernstein, Multifamily Real Estate Owner

"Working with Neema was easy; I was impressed with his professionalism, knowledge, and persistence, and he took care of everything. He located an off-market, NNN opportunity that I was able to acquire through a 1031 exchange. Neema closed escrow about 2 months before occupancy. The entire transaction was low-stress thanks to Neema’s total management of the process. He was available whenever I needed him; he’s an excellent partner."

— Daisy Ellis, Multifamily Real Estate Owner

"It was clear Neema was an expert from the start. The escrow company he referred was exceptionally competent, able to handle the complex sale, including 1031 exchanges. The Neema Group not only understands the market, but creates it. All properties were in escrow within 6 months of listing. The Neema Group relieved us of immense stress, creating a favorable situation that adhered to our timeline and sale goals."

— Mike Alexander & Patricia Alexander, Armor Family & Private Trust Management Group

"We have Mr Neema Ahadian of Marcus & Millichap. Neema is one of our top Brokers with Marcus millichap up in West LA in Hollywood and his resume precedes him so there’s not much more to say you’ll you’ll learn a lot from one of the top veterans in our company work in the LA market right now in the multi family Industries."

— Michael Derk, Executive Managing Director at MMCC

"I chose Jeff to sell our long-held family building because of his industry knowledge, persistence, and dedication. Jeff shared recent comparable listings, and already understood the market for my property. I was immediately sold on Jeff’s area knowledge and his ability to recognize and defend the value of the property. It took less than 3 weeks to go from contract to closing. Thank you for going the extra mile; your dedication and professionalism stood out in making the process efficient and surprisingly stress-free."

— Jane Hyman, Multifamily Real Estate Owner

"In this episode of Landlords & Tenants, Niv Davidovich speaks with Neema Ahadian, Senior Managing Director of Investments for Marcus & Millichap, the nation’s largest commercial real estate investment firm. Neema is also the director of The Neema Group, and is recognized for his real estate experience with a specialization [focus] in multifamily investments in the Los Angeles area."

— Niv Davidovich, Managing Partner at Davidovich Stein Law Group

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