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NEW YORK CITY — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged a $93.5 million construction loan for an office-to-residential conversion project in Manhattan. The 13-story, 147,101-square-foot office building at 830 Third Ave. was built in 1958 and renovated in 1994 and includes 7,121 square feet of ground-floor retail space. The borrower, a joint venture between Namdar Realty Group and Empire Capital Holdings, plans to convert the property into a 188-unit apartment complex with 124 studios, 60 one-bedroom units and four two-bedroom units. Marko Kazanjian, Max Herzog, Max Hulsh and Andrew Cohen of IPA arranged the financing through Deutsche Bank on behalf of the developer.