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Marcus & Millichap’s Institutional Property Advisors Hires National Director of Multifamily

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Marcus & Millichap (NYSE: MMI) has appointed Andrew Leahy as senior vice president and national director of its Institutional Property Advisors (IPA) multifamily division. Leahy brings over 20 years of experience in institutional multifamily investment and has executed transactions worth over $6 billion throughout his career.

In his new role, Leahy will lead IPA advisory teams across North America, focusing on service enhancement and market expansion. His previous experience includes leadership positions at Elme Communities (NYSE: ELME) and The Rockefeller Group, where he managed acquisitions for domestic and global private equity investors. He began his career at The Blackstone Group.

Marcus & Millichap reported closing 7,836 transactions with a sales volume of approximately $49.6 billion in 2024, with 1,712 investment sales and financing professionals across more than 80 offices.

Marcus & Millichap (NYSE: MMI) ha nominato Andrew Leahy vicepresidente senior e direttore nazionale della divisione multifamiliare Institutional Property Advisors (IPA). Leahy vanta oltre 20 anni di esperienza negli investimenti istituzionali multifamiliari e ha realizzato operazioni per un valore superiore a 6 miliardi di dollari nel corso della sua carriera.

Nel suo nuovo incarico, Leahy guiderà i team di consulenza IPA in Nord America, concentrandosi sul miglioramento dei servizi e sull'espansione del mercato. La sua esperienza precedente include ruoli di leadership presso Elme Communities (NYSE: ELME) e The Rockefeller Group, dove ha gestito acquisizioni per investitori di private equity nazionali e internazionali. Ha iniziato la sua carriera presso The Blackstone Group.

Marcus & Millichap ha riportato la chiusura di 7.836 transazioni con un volume di vendite di circa 49,6 miliardi di dollari nel 2024, con 1.712 professionisti delle vendite e del finanziamento degli investimenti distribuiti in oltre 80 uffici.

Marcus & Millichap (NYSE: MMI) ha nombrado a Andrew Leahy como vicepresidente senior y director nacional de su división multifamiliar Institutional Property Advisors (IPA). Leahy aporta más de 20 años de experiencia en inversiones institucionales multifamiliares y ha llevado a cabo transacciones por un valor superior a 6 mil millones de dólares a lo largo de su carrera.

En su nuevo puesto, Leahy liderará los equipos de asesoría de IPA en Norteamérica, enfocándose en mejorar el servicio y expandir el mercado. Su experiencia previa incluye cargos de liderazgo en Elme Communities (NYSE: ELME) y The Rockefeller Group, donde gestionó adquisiciones para inversores de capital privado nacionales e internacionales. Comenzó su carrera en The Blackstone Group.

Marcus & Millichap reportó el cierre de 7,836 transacciones con un volumen de ventas de aproximadamente 49.6 mil millones de dólares en 2024, con 1,712 profesionales de ventas e inversión y financiamiento distribuidos en más de 80 oficinas.

Marcus & Millichap(NYSE: MMI)는 Andrew Leahy를 Institutional Property Advisors(IPA) 다가구 부문의 수석 부사장 겸 국가 이사로 임명했습니다. Leahy는 20년 이상의 기관 다가구 투자 경험을 보유하고 있으며, 경력 동안 총 60억 달러 이상의 거래를 성사시켰습니다.

새로운 역할에서 Leahy는 북미 전역의 IPA 자문 팀을 이끌며 서비스 향상과 시장 확장에 주력할 예정입니다. 이전에는 Elme Communities(NYSE: ELME)와 The Rockefeller Group에서 국내외 사모펀드 투자자를 위한 인수 업무를 담당하는 리더십 역할을 수행했으며, 경력은 The Blackstone Group에서 시작했습니다.

Marcus & Millichap는 2024년에 약 496억 달러 규모의 매출과 함께 7,836건의 거래를 성사시켰으며, 80개 이상의 사무소에 1,712명의 투자 판매 및 금융 전문가가 근무하고 있다고 보고했습니다.

Marcus & Millichap (NYSE : MMI) a nommé Andrew Leahy vice-président senior et directeur national de sa division multifamiliale Institutional Property Advisors (IPA). Leahy possède plus de 20 ans d'expérience dans l'investissement institutionnel multifamilial et a réalisé des transactions d'une valeur totale supérieure à 6 milliards de dollars au cours de sa carrière.

Dans son nouveau rôle, Leahy dirigera les équipes de conseil IPA à travers l'Amérique du Nord, en se concentrant sur l'amélioration des services et l'expansion du marché. Il a précédemment occupé des postes de direction chez Elme Communities (NYSE : ELME) et The Rockefeller Group, où il a géré des acquisitions pour des investisseurs en private equity nationaux et internationaux. Il a commencé sa carrière chez The Blackstone Group.

Marcus & Millichap a annoncé la clôture de 7 836 transactions pour un volume de ventes d'environ 49,6 milliards de dollars en 2024, avec 1 712 professionnels des ventes et du financement des investissements répartis dans plus de 80 bureaux.

Marcus & Millichap (NYSE: MMI) hat Andrew Leahy zum Senior Vice President und nationalen Direktor der Institutional Property Advisors (IPA) Multifamily-Division ernannt. Leahy verfügt über mehr als 20 Jahre Erfahrung im institutionellen Mehrfamilieninvestment und hat im Laufe seiner Karriere Transaktionen im Wert von über 6 Milliarden US-Dollar abgewickelt.

In seiner neuen Rolle wird Leahy die IPA-Beratungsteams in Nordamerika leiten und sich auf Serviceverbesserungen sowie Markterweiterungen konzentrieren. Seine bisherige Erfahrung umfasst Führungspositionen bei Elme Communities (NYSE: ELME) und The Rockefeller Group, wo er Akquisitionen für in- und ausländische Private-Equity-Investoren leitete. Seine Karriere begann er bei The Blackstone Group.

Marcus & Millichap meldete für 2024 den Abschluss von 7.836 Transaktionen mit einem Verkaufsvolumen von etwa 49,6 Milliarden US-Dollar, unterstützt von 1.712 Investment-, Vertriebs- und Finanzierungsexperten in über 80 Niederlassungen.

Positive
  • Appointment of experienced executive with $6 billion transaction history
  • Strong company performance with 7,836 transactions worth $49.6 billion in 2024
  • Large network of 1,712 investment professionals across 80+ offices
Negative
  • None.

CALABASAS, Calif.--(BUSINESS WIRE)-- Institutional Property Advisors (IPA), a specialized division of Marcus & Millichap (NYSE:MMI) dedicated to serving the company’s institutional clients, announced today that Andrew Leahy has joined the firm as senior vice president, national director of IPA’s multifamily division. In his new role, Leahy will lead IPA advisory teams across North America in providing best-of-class services and expanding IPA into additional markets.

Leahy brings over 20 years of experience in institutional multifamily investment, portfolio management, and strategic expansion into target markets across real estate cycles. Over his career he has executed over $6 billion in transactions.

The multifamily housing market is one of the most active investment classes for both private and institutional investors. Hessam Nadji, Marcus & Millichap’s president and CEO, stated: “Our IPA multifamily platform has emerged as a leading source of institutional market intelligence, deal flow and transaction execution over the past several years. Andrew’s extensive knowledge as part of both public and private institutional investment platforms will bring a unique client-oriented perspective and skillset to enhance our services and accelerate IPA’s growth.”

Previously, Leahy led investments for Elme Communities (NYSE: ELME), significantly expanding their multifamily portfolio. He has served with the Rockefeller Group, where he led acquisitions throughout the United States on behalf of domestic and global private equity investors. Leahy began his career as an analyst at The Blackstone Group.

“Leading IPA’s next phase of growth and client service enhancement is an incredible opportunity. I look forward to collaborating with this exceptional team and the company’s leadership team to build upon the firm’s impressive track record and to best serve both our existing clients as well as new clients and further elevate our position in the multifamily investment market,” said Leahy.

About Institutional Property Advisors (IPA)

Institutional Property Advisors (IPA) is a division of Marcus & Millichap (NYSE: MMI), a leading commercial real estate services firm in North America. IPA’s combination of real estate investment and capital markets expertise, industry-leading technology, and acclaimed research offer customized solutions for the acquisition, disposition and financing of institutional properties and portfolios. For more information, please visit www.institutionalpropertyadvisors.com.

About Marcus & Millichap, Inc. (NYSE: MMI)

Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. Marcus & Millichap closed 7,836 transactions with a sales volume of approximately $49.6 billion in 2024. The company had 1,712 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate at year end. For additional information, please visit www.MarcusMillichap.com.

Gina Relva, VP of Public Relations

Gina.Relva@MarcusMillichap.com

Source: Marcus & Millichap, Inc.

FAQ

What is Andrew Leahy's new role at Marcus & Millichap (MMI)?

Andrew Leahy has been appointed as senior vice president and national director of MMI's Institutional Property Advisors (IPA) multifamily division, where he will lead advisory teams across North America.

How many transactions did Marcus & Millichap (MMI) close in 2024?

Marcus & Millichap closed 7,836 transactions with a total sales volume of approximately $49.6 billion in 2024.

What is Andrew Leahy's transaction experience before joining MMI?

Andrew Leahy has executed over $6 billion in transactions during his 20+ year career in institutional multifamily investment.

How many investment professionals does Marcus & Millichap (MMI) employ?

Marcus & Millichap had 1,712 investment sales and financing professionals working across more than 80 offices.

What are Andrew Leahy's previous work experiences before MMI?

Leahy previously led investments at Elme Communities (NYSE: ELME), worked at The Rockefeller Group leading acquisitions, and began his career as an analyst at The Blackstone Group.
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