Marcus & Millichap Real Estate Investment Services announced today that president and CEO Harvey Green 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, founder and chairman. “The firm would not be where it is today without his leadership,” he adds.
Green joined Marcus & Millichap in 1981 and quickly rose through the ranks having opened the firm’s Encino office, which became a flagship operation. He was named chief operating officer in 1996 and then president and CEO in 2000, at which time he accelerated the firm’s aggressive national expansion. Green led the company’s growth from 22 offices and 424 agents in 1996 to 76 offices and over 1,200 agents currently.
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.
“Throughout his 29 years with the firm, Harvey has set an exceptionally high standard of performance and professionalism and led by example in every way,” says William A. Millichap the firm’s co-founder and co-chairman. “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.”