As co-chairman of Marcus & Millichap, William A. Millichap oversees the largest and fastest expanding investment real estate brokerage firm in the nation. In 2007, Marcus & Millichap Real Estate Investment Services realized sales of nearly $21 billion. The company specializes in the brokerage of apartment buildings, office buildings, shopping centers, industrial buildings, seniors housing, manufactured housing, self-storage facilities, hotels and motels. The firm has a national presence operating out of offices nationwide.In addition to his role as chairman of Marcus & Millichap Real Estate Investment Services, Mr. Millichap is also a managing director of The Marcus & Millichap Company, headquartered in Palo Alto, Calif. The Marcus & Millichap Company owns and operates a network of individual companies comprised of Marcus & Millichap Real Estate Investment Brokerage Company, Marcus & Millichap Capital Corporation, SummerHill Homes, Pacific Property Company, Meridian Property Company, Sovereign Investment Company, Marcus & Millichap Venture Partners and Hanover Financial Company.Mr. Millichap is also the managing partner of Marcus & Millichap Venture Partners (MMVP). MMVP's goal is to invest in real estate-related technology start-ups. SpringStreet.com, which was sold to Homestore.com in 1999, was a company that was initially conceived and funded by Marcus & Millichap in 1997. MMVP's current portfolio companies include REIS Reports, Accruent, Corrigo, Catalist Homes, Homesphere and MyNewPlace. Mr. Millichap serves on the board of directors of the National Multi Housing Council (NMHC), the largest trade organization of apartment owners in the United States, is a member of the International Council of Shopping Centers, the Urban Land Institute and the National Venture Capital Association. He also serves as a board member of the following companies: Essex Property Trust, a real estate investment trust traded on the New York Stock Exchange (ESS), Loopnet, the leading commercial listing service for real estate on the Internet (NASDAQ under LOOP), REIS Reports, the leading information provider to the commercial real estate industry, and MyNewPlace.com, an internet company that matches renters with apartment rental opportunities.Mr. Millichap graduated with a Bachelor of Arts degree in economics from the University of Maryland in 1965 and served as a U.S. naval officer prior to joining the firm. In 1971, he teamed with George M. Marcus to create a formidable partnership in the creation of the various Marcus & Millichap companies. |