Thursday, July 22, 2010

John Kerin Named President and CEO of Marcus Millichap


ENCINO, CA– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, announces that John Kerin (top right photo)  has been named the president and chief executive officer of the firm effective July 1, according to founder and chairman George M. Marcus (top left photo).

Kerin is a senior vice president and managing director of the firm, overseeing 18 offices nationwide.

“Marcus & Millichap is entering a new and exciting phase of growth and John is uniquely qualified to lead our efforts to expand market share and improve our agent support and client services,” says Marcus.

 “The depth of John’s experience and having supervised numerous operations throughout the country for the past several years gives him the knowledge and understanding essential to strengthening our value proposition,” he adds.

Since joining the firm in 1981, Kerin ranked among the top 10 agents nationwide in 1985 and 1986 and was promoted to senior investment associate.

In 1987, he was promoted to regional manager of the Los Angeles office where he succeeded in making it one of the top-producing offices. He was elected first vice president in 1994 and managing director in 1996.

“The recent market dislocation reinvigorated the importance of value-added brokerage, which has always been Marcus & Millichap’s driving force,” says Kerin.

 “We have demonstrated our unique ability to help investors strategize and have executed more transactions than any other source in one of the most difficult markets.

"More than any other time, there are significant opportunities to bring more efficiency to the market place and substantially grow our financing, transaction and advisory services.”

Contact: Stacey Corso, Public Relations Manager, (925) 953-1716

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