PALO ALTO, CA – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, announced today that president and chief executive officer, Harvey E. Green, (top right photo) has retired from the firm. A formal search is being initiated with Green’s input and participation.
“Harvey’s tireless energy, dedication and passion have been driving forces behind the firm’s tremendous expansion and emergence as the leader in real estate investment brokerage,” says George M. Marcus, (top left photo) founder and chairman. “The firm would not be where it is today without his leadership,” he adds.
During this period, the volume of transactions arranged by the firm grew from just over 1,000 in 1996 to more than 3,400 in 2009, the highest of any real estate brokerage company.
Green is widely recognized as a leading real estate expert by the national media and is a frequent contributor to such leading media outlets as CNBC, Fox Business News, Wall Street Journal, New York Times and Los Angeles Times.
“He has contributed greatly to the development of the firm’s management team and its top investment specialists, and his input in the selection and orientation of his successor will be vital,” he notes.
“I am very proud of our accomplishments as a team,” says Green. “We have always been a forward-looking firm and collectively believe this is the best time to establish new leadership to take the company to its next phase of growth.”
WCI Communities Hires Marcus & Millichap to Sell Sun city Golf Course Portfolio in Florida
WCI Communities, a builder of upscale, lifestyle communities, is listing the properties with Steve Ekovich (bottom left photo); a vice president investments and director of the National Golf and Resort Properties Group of Marcus & Millichap; and the group’s co-founder, PGA Professional, Chris Karamitsos, (bottom right photo) according to Bryn D. Merrey, regional manager of Marcus & Millichap’s Tampa office.
The portfolio includes all of the golf courses, golf club amenities and all maintenance equipment and facilities.
Built in the 1960s, Sun City Center is located less than 20 miles from the heart of downtown Tampa. It began as an active retirement community with such recreational activities as tennis, swimming, shuffleboard, lawn bowling and golf.
Since that time, WCI has grown Sun City Center into a 12,000-plus household development, providing residents with state-of-the-art amenities that include recreation centers, baseball fields, fitness and spa centers and some of the Tampa Bay area’s finest golf courses, designed by architects such as Chip Powell and Ron Garl.
“Even before the portfolio hit the market on April 2, there was significant interest due to the quality of assets, reasonable pricing and the potential for an instant golf footprint in this golf-centric market,” according to Ekovich.
Contact: Stacey Corso, Public Relations Manager, (925) 953-1716
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