Who We Are

Los Angeles Office
1900 Ave of the Stars
Suite 2000
Los Angeles, CA 90067
Office: (310) 909-5500

Orbell Ovaness

Senior Managing Director Investments

Orbell Ovaness is Senior Managing Director of Investments at Marcus & Millichap and co-founder of the Ovaness-Rostamian Group, a nationally recognized retail investment sales team. With over 23 years of experience and $1.3B in closed transactions, Orbell advises private owners, family offices, REITs, and institutions on strategic dispositions, acquisitions, 1031 exchanges, sale-leasebacks, and value-add repositioning.

His expertise spans multi-tenant retail centers, mixed-use properties, urban high-street retail, and single-tenant net-leased assets. Known for his rigorous underwriting and competitive go-to-market strategies, Orbell helps clients unlock value, reduce execution risk, and achieve optimal pricing with minimal delays.

Clients benefit from:
• Tailored strategies with scenario-based pricing and NOI growth plans.
• Targeted buyer outreach to 1031 exchangers, private capital, REITs, and family offices.
• Proactive execution that anticipates diligence issues to avoid retrades.
• 1031 exchange guidance with access to on- and off-market opportunities.
• Seamless closings through coordinated efforts with legal, escrow, tax, and lending teams.
• Orbell began his career at Marcus & Millichap in 2003, later serving in executive roles at BRC Advisors and CBRE, where he was the top retail broker in Beverly Hills. He returned to Marcus & Millichap in 2019 and quickly rose to his current leadership role.

The Ovaness-Rostamian Group has completed over 545 transactions totaling $2.2B, earning a reputation for market insight, client service, and consistent execution. Orbell holds a degree in Management Information Systems with a minor in Real Estate Finance from CSUN, and is a long-time member of ICSC. Outside of work, he enjoys family time, camping, and big-game hunting.

License: CA: 01402142

Achievements

  • Chairman's Club (CC): 2022
  • National Achievement Award: 2022, 2021
  • Sales Recognition Award: 2023, 2022, 2021, 2005
  • SIA Induction: 2021