Marcus & Millichap Delivers $850M+ Via ReadyCap, PGIM
Marcus & Millichap’s financing subsidiary, Marcus & Millichap Capital Corp., completed more than 160 agency financing transactions valued at more than $850 million, between September 2016 and March 2018, through its proprietary lending partnerships with ReadyCap Commercial LLC and PGIM Real Estate Finance. In 2017, MMCC closed in excess of 1,700 commercial real estate financing transactions, valued at $5.63 billion.
Marcus & Millichap Capital Corp.’s William E. Hughes says, “The volume of business we have closed with PGIM and ReadyCap surpasses our highest estimates by a wide margin.”
Marcus & Millichap Capital Corp.’s Richard Katzenstein added, “Selecting the agency providers that would best complement our business model took a great deal of vetting and scrutiny. The results delivered over the past 17 months more than validate our proof of concept. PGIM and ReadyCap’s platforms are a perfect fit for us, and there is no limit to the success our combined efficiencies can produce on behalf of investors.”
Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services.
In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company.
In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix.
Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator.
Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements.
Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.
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