NEW YORK – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has named Rick Lechtman as eastern director, national office and industrial properties group (NOIPG). He is based in the firm’s New York City office, reporting to managing director Alan Pontius who oversees NOIPG.
“Rick brings extensive knowledge and a broad-based experience to our team,” says Pontius. “He has been actively engaged in the real estate capital markets arena, representing institutional, middle market and private clients in a variety of asset types. His background and industry presence make him ideally suited for this role,” Pontius concludes.
In his new post, Lechtman is charged with growing and developing the firm’s expanding office and industrial investment sales team for 12 offices from Boston to south Florida. He is also responsible for aligning and supporting the firm’s national strategic growth initiatives in the region.
Prior to joining Marcus & Millichap, Lechtman served as managing director for the Ackman-Ziff Real Estate Group in New York City. His responsibilities included sourcing, underwriting, structuring and originating commercial real estate debt and equity.