After 35 years with the firm, Marcus & Millichap CEO John Kerin will retire from the firm at the end of March. Hessam Nadji, who currently serves as senior executive vice president, will replace him.
Kerin will continue to serve as a senior advisor and offer consulting services.
“This transition comes at a time of strength for our company, given the growth of our highly respected brand, deep management team and strong balance sheet,” Founder and Co-Chairman George M. Marcus said. “John and Hessam have worked very closely over the years. John’s retirement and Hessam’s promotion are a natural and positive transition.”
Marcus & Millichap’s Kansas City office specializes in various multifamily acquisitions and dispositions nationally. This includes individual property and portfolio transactions as well as special assets within the multifamily field.