MMI Marcus & Millichap Inc.

Steven D. Weinstock Named National Director of Marcus & Millichap’s Self Storage Division

, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today that Steven D. Weinstock has been named national director of the firm’s . The division provides commercial real estate investors and owners in-depth market knowledge, asset-specific expertise and transaction services for self-storage properties throughout North America. Weinstock is a first vice president and national director of the firm’s Land Group Division, and regional manager of Marcus & Millichap’s Chicago Oak Brook office. He will maintain these positions with his new appointment.

“Even amid market disruption due to the COVID-19, self-storage is a mainstream investment category that a broad array of investors are interested in,” said Richard Matricaria, executive vice president, Marcus & Millichap. “Steven is well suited to lead this dynamic division given both his experience through multiple real estate cycles as well as within the self-storage sector.”

“This is an exciting time for the self-storage industry as millennials have integrated offsite storage into their lifestyles, bolstering space demand and sparking innovation,” said Weinstock. “Our team of investment professionals handle every type of storage asset throughout the U.S. and Canada and understands the various needs of investors across the spectrum. I am looking forward to leading the firm’s growth in this sector and further extending our services to clients throughout North America.”

Weinstock began his career in commercial real estate in Michigan in 1989 and joined Marcus & Millichap’s Detroit office as an agent in 2001. He was sales manager of the firm’s Columbus and Cincinnati offices in 2008 and became regional manager of its Chicago Oak Brook office in 2009. Weinstock graduated from the University of Michigan with a Bachelor of Arts degree in psychology and later earned a Juris Doctor degree from Wayne State University Law School. Steven earned the Certified Commercial Investment Member designation from the CCIM Institute in 1997. He serves on the executive board of the Harold E. Eisenberg Foundation.

About Marcus & Millichap (NYSE: MMI)

With over 2,000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 9,726 transactions in 2019 with a value of approximately $50 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: .

EN
23/03/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Marcus & Millichap Inc.

 PRESS RELEASE

Marcus & Millichap’s IPA Capital Markets Arranges $61M Redevelopment F...

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)-- , a division of specializing in capital markets services for major private and institutional clients, announced today the $60.9 million refinancing of a 28.9-acre oceanfront redevelopment project located in Huntington Beach, California. Gary Mozer, executive managing director with IPA Capital Markets, secured an 18-month, non-recourse loan on behalf of a California-based investment and development firm. The project plan includes residential and hospitality development and was approved by the Huntington Beach City Council on September 17th, 2024. T...

 PRESS RELEASE

Institutional Property Advisors Advises Rockpoint and The Related Grou...

PHOENIX--(BUSINESS WIRE)-- , a division of , announced today that it advised Rockpoint and The Related Group (Related) on the sale of Town Deer Valley, a 388-unit multifamily asset in Phoenix, Arizona. The property sold for $131.1 million, which represents $337,887 per unit. “Town Deer Valley is perfectly positioned to capitalize on the unprecedented economic activity driven by Taiwan Semiconductor Manufacturing Company’s $65 billion chip manufacturing facility,” said Cliff David, IPA executive managing director. “The property’s architectural detailing, sophisticated unit finishes, and award...

 PRESS RELEASE

$107 Million Construction Financing Arranged by Marcus & Millichap Cap...

ONTARIO, Calif.--(BUSINESS WIRE)-- , a leading provider of commercial real estate capital markets financing solutions, arranged $107 million in financing for the construction of a 384-unit multifamily asset with 26,000 square feet of retail space located at 4117 E Concours Street in Ontario, California. The project, which is adjacent to the Toyota Arena, will include several digital media signs. Stefen Chraghchian, senior director in MMCC’s Encino office, secured the financing with Affinius Capital and Bank OZK on behalf of Adept Urban Development. “We thank our client for their trust in o...

 PRESS RELEASE

Marcus & Millichap’s IPA Capital Markets Facilitates $165.9 Million Mu...

ALEXANDRIA, Va.--(BUSINESS WIRE)-- , a division of specializing in capital markets services for major private and institutional clients, has successfully arranged $165.9 million in financing on behalf of the DSF Group for the acquisition of the Town Square at Mark Center in Alexandria, Virginia. IPA Capital Markets in Los Angeles represented the borrower, the DSF Group, a Boston-based leader in multifamily investment. The Town Square at Mark Center is a 678-unit apartment and townhome community situated in one of Northern Virginia’s most dynamic submarkets. “The 98% occupied property repres...

 PRESS RELEASE

Marcus & Millichap Capital Corporation Arranges $89.6 Million Construc...

CHANHASSEN, Minn.--(BUSINESS WIRE)-- , a leading provider of commercial real estate capital markets financing solutions, arranged $89.6 million in financing for the construction of Bennett Apartments and Harlow Apartments, two adjacent multifamily projects located 15 miles southwest of Minneapolis in Chanhassen, Minnesota. Gary Sefcik in MMCC’s Manhattan office secured the financing. Kayne Anderson provided $77.5 million in senior proceeds and SteepRock Capital provided $12.1 million in mezzanine financing for the sponsor, Minnesota-based Roers Companies. “In addition to strong, locally ba...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch