Affiliates at Marcus & Millichap Company

Our Companies

Founded in 1971, the Marcus & Millichap Company is a diverse family of real estate companies. Each company is a distinct fusion of specialization and innovation powered by a culture of loyalty that permeates throughout the organization.

Earning a leadership position within our business segments has always been a guiding objective. Our unique approach to the incubation, deployment, and support of highly specialized real estate business models has not only helped us achieve this objective and has led to many of our companies becoming the standard of success and revolutionizing numerous real estate business practices.

Pacific Urban Investors (PUI) is an industry-leading multifamily owner, operator, and investment manager. Headquartered in Palo Alto, CA, PUI has a national platform with offices in Los Angeles, and Irvine, CA, as well as Washington, and New York. The Company has successfully deployed well-timed strategies to the benefit of its institutional partners and stakeholders throughout the United States. PUI was founded in 1998 by multifamily veteran Al Pace and industry icon George Marcus and is a multifamily specialist with expertise in executing core, value-add, and structured finance strategies. PUI has over $8.6B in assets under management and owns and manages a national portfolio of more than 20,000 apartment homes.  

PUI utilizes a highly disciplined proprietary research-based investment approach to choose the markets in which we own and operate. We combine that with a local office sourcing model of dedicated investment and asset management professionals to identify, acquire, and oversee our communities.

PUI’s Structured Finance Group focuses on achieving attractive risk-adjusted returns through joint venture partnerships and preferred equity investments with qualified real estate sponsors to develop, acquire, and reposition multifamily projects. This expertise gives PUI expanded strategic capabilities within its markets and increased sophistication with specialized, structured equity products and professionals.

PUI’s team of real estate professionals has distinguished themselves by focusing on the satisfaction of our residents, our fiduciary duty to investors, and creating a positive impact in the multifamily communities we own. Our commitment to our residents, employees, and stakeholders drives our evergreen results.

Established in 1976, SummerHill Homes is a specialty builder of mid-to-high-end residential homes in superior settings throughout the San Francisco Bay Area. The Company is nationally recognized for its expertise in customizing development plans to accommodate the unique characteristics of a given development site. SummerHill Homes is committed to upholding industry standards, building brand-new, green-friendly homes that offer smart technology and are upgraded with energy-efficient materials & products while delivering a quality home. Typical projects are 30 to 300 units in size and consist of single-family detached homes, townhomes, and condominiums.

Founded in 2001, SummerHill Apartment Communities (SHAC) is a leading multifamily developer on the West Coast. Thus far, SHAC has developed over 5,000 units in a wide range of markets. SHAC’s expertise and focus on acquisitions, entitlements, design, and construction are the guiding forces behind each one of our successful projects.

SHAC has a well-defined development approach that is research-based to ensure a successful investment strategy. Furthermore, SHAC is an active buyer of land and development opportunities in high barrier to entry, urban infill, and core markets along the West Coast.

Meridian Property Company (MPC) was formed in 1999 and is a full-service real estate developer and investor specializing in high-quality, brand-enhancing healthcare and life science developments. Our team includes experienced and talented real estate professionals who provide comprehensive commercial building solutions and lead the way in the development of modern building facilities. MPC's services are broad in scope, but meticulous in detail. From site evaluation and land acquisition to entitlement and planning, to construction and management, MPC is able to develop, renovate or repurpose existing buildings to meet its clients’ needs throughout the Western United States. We also seek to enhance the value of underperforming and underutilized medical office buildings through a strategic acquisition strategy.

MMCT (formerly Marcus & Millichap Venture Partners) targets management teams that have experience in the businesses they are trying to change and companies that have garnered traction with their idea. MMCT primarily invests in post Series A rounds and is committed to helping early stage companies grow through utilizing their products internally and introducing entrepreneurs to MMCT’s vast network of real estate professionals. MMCT’s capital is also discretionary which allows for quick and efficient investments. Given the variety of real estate that MMCT operates on a regular basis, they are extremely flexible in the sectors in which they allocate capital as long as a company is related to the real estate industry.