Marcus & Millichap (NYSE:MMI), a leading commercial real estate
investment services firm with offices throughout the United States and
Canada, has announced that John S. Sebree will oversee its affordable
housing specialty, which includes Section 42 tax credit and Section 8
multifamily properties, according to Marcus & Millichap’s president and
CEO, John J. Kerin. Sebree has been the national director of Marcus &
Millichap’s National Multi Housing Group (NMHG) since 2011. In his
expanded role, Sebree will support the firm’s affordable housing
brokers’ business execution, client relationship development and grow
the firm’s brand within the affordable market segment.
“MMI is the market leader in multifamily investment sales, financing,
research and advisory services with the industry’s largest team of
multifamily specialists,” said Kerin. “Under John’s leadership, we are
excited to expand our market position by leveraging the synergies and
client relationships that will help us serve the specialized needs of
affordable housing investors.”
Prior to joining Marcus & Millichap’s management team, Sebree was a
multifamily property investment sales specialist with a successful
brokerage practice serving institutional and private clients throughout
the Midwest. He joined the company’s Chicago office in 1991 and opened
its Indianapolis office in 1997.
Marcus & Millichap has approximately 530 multifamily investment
specialists who brokered 1,679 multifamily transactions valued at over
$9.3 billion in the first nine months of 2015, including Section 42 tax
credit and Section 8 properties.
“The combination of our expansive network of multifamily specialists
with experience in both Section 42 tax credit and Section 8 transactions
with John’s national coordination will enable us to provide the best
client service and grow further in the affordable housing sector,” added
Hessam Nadji, senior executive vice president.
About Marcus & Millichap (NYSE: MMI)
With over 1,500 investment professionals located throughout the
United States and Canada, Marcus & Millichap is a leading specialist in
commercial real estate investment sales, financing, research and
advisory services. Founded in 1971, the firm closed over 7,600
transactions in 2014 with a value of approximately $33.1 billion. The
company has perfected a powerful system for marketing properties that
combines investment specialization, local market expertise, the
industry’s most comprehensive research, state-of-the-art technology, and
relationships with the largest pool of qualified investors. To learn
more, please visit: www.MarcusMillichap.com
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