Orbell Ovaness leads the Ovaness-Rostamian Group at Marcus & Millichap, helping private owners, family offices, REITs, and institutions unlock value and reduce execution risk on retail transactions nationwide. With 23+ years of experience and $1.3Bin closed deals, Orbell pairs rigorous underwriting with a competitive go-to-market process that drives pricing, shortens timelines, and protects leverage through escrow.

As a strategic advisor, he focuses on portfolio and single-asset dispositions, acquisitions, 1031 exchanges, sale-leasebacks, and value-add repositioning across multi-tenant centers, mixed-use assets, urban high-street retail, and single-tenant/net-lease properties. Clients rely on Orbell for clear recommendations, senior-level negotiation, and a calm, practical approach to solving issues before they impact closing.

How clients benefit

• Strategic plan, not just a listing: Scenario-based pricing, business plans that highlight NOI growth levers (lease-up, credit upgrades, rent resets), and an honest path to proceeds.
• National buyer reach with local precision: Curated outreach to 1031 exchangers, private capital groups, REITs, and family offices—creating real competition, not just views.
• Lender- and tenant-aware execution: Anticipates diligence hurdles (SNDA/estoppels, credit, co-tenancy, CAM) to minimize retrades and keep timelines intact.
• 1031 exchange guidance: Coordinated sale and replacement timelines with access to on- and off-market options through Marcus & Millichap’s national platform.
• Seamless closing: Tight coordination with title/escrow, attorneys, CPAs, 1031 accommodators, and lenders—plus proactive weekly reporting—so there are no surprises.

Orbell began his career at Marcus & Millichap in 2003, later holding executive roles at BRC Advisors and CBRE (where he became the top retail investment broker in the Beverly Hills office). He returned to Marcus & Millichap in 2019 and co-founded the Ovaness-Rostamian Group. Alongside partner Ara Rostamian, the team has completed 545+ transactions totaling $2.2B, recognized for market knowledge, client service, and consistent execution.

A graduate of California State University, Northridge, Orbell is a long-time member of ICSC. Outside the office, he’s a dedicated family man who enjoys camping, time off the grid, and big-game hunting.

License: CA: 01402142