Marcus & Millichap Real Estate Investment Services, Inc.

Marcus & Millichap Real Estate Investment Services, Inc. is a national brokerage firm specializing in real estate investments. One of the largest commercial real estate brokers in the U.S. (it has about 70 offices nationwide), Marcus & Millichap focuses on investment brokerage and provides financing, research, and advisory services for both buyers and sellers.

 

Marcus & Millichap In The News

  • Marcus & Millichap Sells in Southwest Kentucky
    The Knapp Group of Marcus & Millichap announced the sale of a 42-unit assisted living community in rural southwest Kentucky. Built in 2014 on over 10 acres, the community boasted occupancy around 90% and strong cash flow. It was previously a family-run business, but the Knapp Group secured... Read more
    Published on: January 14, 2020 By Ben Swett
  • Reis Helps California Assisted Living Owner Exit the Business
    Rob Reis of Marcus & Millichap recently sold a 45-unit assisted living community in Modesto, California, representing the single-asset owner/operator who was looking to exit the business. The seller developed the property in the 1980s, and has operated it ever since. Occupancy was 84%, and it was bringing... Read more
    Published on: December 04, 2019 By Ben Swett
  • Minnesota Assisted Living Community Gets A New Neighbor
    In a deal that was anything but ordinary, Ray Giannini of Marcus & Millichap sold an assisted living community plus an adjacent vacant skilled nursing facility in Owatonna, Minnesota for about $2.95 million, or $59,100 per unit. Steele County previously owned both of the buildings and brought in... Read more
    Published on: November 19, 2019 By Ben Swett
  • Hurricane-Damaged SNF Sells in Georgia
    Despite a wing still not operational since Hurricane Matthew in 2017, a skilled nursing facility in Midway, Georgia changed from one not-for-profit’s hands to another’s. Magnolia Manors, a Methodist-affiliated operator of eight other locations throughout south Georgia, acquired the 150-bed facility for a sum of $6.85 million, or... Read more
    Published on: October 04, 2019 By Ben Swett
  • Pardoll Closes Another Personal Care Sale in Atlanta Area
    Marcus & Millichap’s Mike Pardoll sold yet another small personal care community in Georgia to Affinity Living Group, following his sales last month of a 23-unit property in Bainbridge (for $1.2 million, or $52,200 per unit) and a 36-unit community in Vidalia (for $1.3 million, or $36,100 per... Read more
    Published on: September 16, 2019 By Steve Monroe

Mike Pardoll

1110-pardollSenior Vice President/Investments, Marcus & Millichap

Mike Pardoll is a Senior Housing Specialist with Marcus & Millichap. He is one of the industry’s leading brokers with over 20 years of experience including previous experience in property acquisition and management. His expertise extends across all of the seniors product types including skilled nursing, assisted living, congregate care, CCRC and senior apartments. He has represented private owners, publicly traded companies, non-profit entities and hospitals. Mike has extensive experience in distressed and defaulted assets representing banks, bond trustees, municipalities and bankruptcy courts. Mike has sold or leased over 350 senior housing properties across 29 states. The aggregate sales value of these properties exceeds $1.6 billion. Mike is a graduate of Kansas State University with a BS in BA Finance and Accounting, and holds a Real Estate License in North Carolina & South Carolina.

Mark Myers

1511mmyers

Head of Investment Banking, Marcus & Millichap Institutional Property Advisors

Mark Myers is the Head of Investment Banking at Marcus & Millichap IPA. Mark and his partner Josh lead IPA’s National Seniors Housing Group. In his 20 year career, Mr. Myers and his team have closed $4.4 billion in seniors housing transactions across 44 states, representing public and private investors of all sizes. In 2016, Mr. Myers and his team closed over $1 billion in seniors housing and long-term care transactions, including the sale of a $500 million privately owned nursing home portfolio in TX; and, they also closed the second largest stand-alone facility transaction in history. Mr. Myers’ career gross earnings ranks among the top 11 advisors in the firm’s history. Mr. Myers received a Bachelor of Arts degree in Economics from Wheaton College and an MBA from the Northwestern University Kellogg School of Business.

mmyers@ipausa.com

www.institutionalpropertyadvisors.com