NEW YORK, NY — EquityMultiple, the real estate investing platform for self-directed investors, announced a partnership with Marcus & Millichap. Marcus & Millichap and EquityMultiple serve a similar market of highly informed, self-directed real estate investors, and both firms see the partnership as a symbiotic path to growth going forward.
Since inception in 2015, EquityMultiple has developed a more targeted, institutional approach to the real estate crowdfunding concept. While other brands in the space have taken on venture capital funding, EquityMultiple has grown its business and portfolio through strategic partnerships and a disciplined focus on asset management. Through its nationwide network of nearly 50,000 self-directed investors, EquityMultiple has provided financing for hundreds of real estate transactions. EquityMultiple has thus provided flexible capital markets solutions to dozens of sponsors and operators across the U.S. in various forms: JV equity (LP and co-GP); senior debt; mezzanine and subordinate debt; and preferred equity.
EquityMultiple looks forward to bringing these benefits to Marcus & Millichap’s network of sponsors, operators, and brokers. The partnership also brings clear benefits to individual investors seeking streamlined access to a broader set of opportunities.
“Since 2015 we have brought individual investors access to the types of commercial real estate that have long been hallmarks of institutional portfolios. Our mission is to bring the benefits of private-market CRE to a broader community of investors: uncorrelated return potential, tax advantages, and the potential for cash flow and appreciation across market cycles. Our partnership with Marcus & Millichap is an exciting step for our firm and for the real estate investing fintech space more broadly,” said EquityMultiple CEO and co-founder Charles Clinton.
J.D. Parker, Marcus & Millichap’s chief operating officer, Eastern Division said, “With this partnership, we continue our longstanding tradition of providing the commercial real estate industry with advantages that groundbreaking technologies have to offer. EquityMultiple’s diverse array of real estate investment products expand a service line and broadens our spectrum of debt and equity sources.”
Marious Sjulsen, EquityMultiple’s CIO and co-founder said, “Marcus & Millichap is a phenomenal resource for commercial real estate investors and operators. At EquityMultiple, reach and diversification are core to what we bring to accredited investors. Through our partnership with Marcus & Millichap, EquityMultiple investors will benefit from deeper and broader access to transactions. At the same time, Marcus & Millichap’s network of brokers, advisers, and buyers will benefit from curated access to a broader set of opportunities on the EquityMultiple platform, including timely CRE private credit investments; GP funds; and a diverse set of individual assets including potentially counter-cyclical sectors like self-storage, last-mile industrial, and multifamily.”