Seattle—Marcus & Millichap Real Estate Investment Services has promoted Robert Sheppard to executive vice president investments. The executive vice president investments designation is the highest level a Marcus & Millichap investment professional can attain, according to John J. Kerin, president and chief executive officer. Previously, Sheppard was a senior vice president investments. He will continue in his role as executive director of the firm’s Tax Credit Group.
Sheppard joined Marcus & Millichap in December 1993 and was promoted to senior vice president investments in January 2008.
The Tax Credit Group of Marcus & Millichap is the leading specialty group dedicated exclusively to LIHTC investment and capital markets transactions throughout the Unites States. In 2011, the group closed a combined 93 LIHTC property sales and capital markets transactions, valued in excess of $890 million.