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Logan Markley

Director

(212) 430-5194
lmarkley@marcusmillichap.com

260 Madison Avenue 5th Floor, New York, NY 10016

Logan's Q&A

What is Your Favorite Movie?

Gladiator

01

What is You Favorite Book?

The Prince by Machiavelli

02

What are the top things you enjoy most about working in this business and on the NYM team?

Gaining new perspectives and knowledge from the range of people I meet every day.  The autonomy, culture, and collaborative environment our team creates and provides. Mentoring younger brokers and learning from my veteran partners.

03

Professional History

Logan Markley works as the Director for the #1 Multifamily Sales Team in Manhattan directly with Joe Koicim & Shaun Riney. He specializes in the sale of multifamily and mixed-use investment properties in New York City.

Since joining Marcus & Millichap at the end of 2014, Logan has sold over $1 Billion in multifamily and mixed-use properties across Manhattan. He was the recipient of Marcus & Millichap’s 2015 Pace Setter Award, given to new agents who meet a high standard of performance.

Logan began his career in real estate in 2012 at Marcus & Millichap, working in the Encino, California office. During his time in the Encino office, Logan was responsible for generating market analysis reports, underwriting various classes of properties, and reviewing contracts for senior associates. He continued to excel in real estate when he was hired in 2013 as a development and acquisitions intern for Fortuna Realty Group. Logan helped Fortuna Realty Group manage their existing portfolio, monitor current development projects, and analyze new properties to acquire.

Prior to joining Marcus & Millichap’s Manhattan branch, Logan graduated from The George Washington School of Business in 2014, majoring in finance with a concentration in real estate. Logan was a member of the Real Estate Investment and Development Organization at GWU.

He was born and raised in Los Angeles, where his family owns real estate, giving him exposure at a young age. In his free time, Logan enjoys traveling, watching sports, and playing tennis.

Logan’s Newsroom

Latest Podcast Episode

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Latest Articles

ArticleMarket Insights
October 29, 2024

The Economical Reason Why Banks Should Embrace Short Sales: Our Solution to Revitalize the Multifamily Market

The Problem In the past five years the New York City multifamily market has experienced tremendous fluctuations. The passing of HSTPA in June of 2019 was the starting point of a transformative marketplace.  COVID ushered in new regulations and record low interest rates. This was quickly replaced with rapid rates hikes causing valuations to drop precipitously. Minimal rental increases for rent stabilized properties combined with upwards pressure on costs have created a distressed situation for both borrowers and lenders. Cash flow constraints, depressed valuations, and rates doubling when loans roll…
ArticleMarket Insights
September 24, 2024

Bridging the Gap Between Buyers & Sellers: The Shifts in NYC Underwriting

Despite being in the commercial real estate business and not the residential market there is a surprising amount of emotion involved in my day to day. Many of the clients our team has represented in 2024 have been selling long-held family heirlooms disguised as rent stabilized apartment buildings. My goal is to clarify the underwriting norms for rent-regulated buildings in 2024, easing emotions and setting realistic expectations from the onset. How We Got Here New York is different than the rest of the country. Vacant buildings can often be more…
ArticleMarket Insights
July 9, 2024

2024 Sellers: How To’s & What’s Coming

My team and I often get asked: who are the buyers and sellers, and are deals actually getting done? Transactions are happening but there are more obstacles than ever before. Our team has taken on a record amount of new inventory and the pace seems to be increasing each month. The motivation behind new inventory is driven by maturing or rollover debt, sellers not seeing a path to profitability, inability to complete or pay for compliance mandates, and general management fatigue. Rent stabilized buildings aren’t selling themselves. The broker, as…

Latest Deals of The Week

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Logan’s Recent Closings on Traded