MULTIFAMILY INFLUENCER: Marcus & Millichap

Marcus & Millichap is known for its strength in the multifamily sector, thanks in part to the efforts of (clockwise, from tom left) CEO Hessam Nadji; John S. Sebree, First VP and Director of the National Multi Housing Group; Paul D. Davis, Executive Managing Director, Investments, and Founder, Affordable Housing Advisors; Andrew S. Daitch, Executive Managing Director, Investments, Affordable Housing Advisors;Adam A. Lewis, VP & National Director, Seniors Housing Group; Peter Katz, Executive Managing Director, Investments, IPA Student Housing; and Jeffery J. Daniels, National Director, IPA Multifamily & Student Housing.

The multifamily market has long been, and continues to be, a sought-after target by investors of all stripes, driving billions of dollars in transaction activity annually. One of the most active firms in the field is Marcus & Millichap, a publicly traded company with offices throughout the US and Canada, providing CRE investment brokerage, research, financing and advisory services to a variety of clients, many of which are major players in the apartment space.

Through its various branches—which range from traditional and institutional property to niche segments like affordable, seniors and student housing, and are headed by national directors that are among the firm’s most successful producers—Marcus & Millichap has closed 3,375 in multifamily sales, generating some $22 billion in volume in 2017 alone. In fact, data from Real Capital Analytics place Marcus & Millichap, run by chief executive officer Hessam Nadji, as the industry leader when it comes to closing multifamily transactions valued north of $2.5 million.