EVP – Investments
Marcus & Millichap
Stanford Jones joined Marcus & Millichap in 1980 and has become one of the top brokers in the western United States specializing in the multifamily market. He was promoted to Vice President Investments in 1988 and Executive Vice President Investments in 2008, a distinction held by only nine of the nearly 1,500 agents in the firm. He also serves as a Senior Director of Marcus & Millichap’s National Multi Housing Group and Executive Vice President of Institutional Property Advisors.
During the course of his 32-year career, Mr. Jones has closed more than $6 billion in commercial real estate investments and has been acknowledged almost every year as one of the company’s top agents. Along with his partners, Philip Saglimbeni and Salvatore Saglimbeni, Mr. Jones has been recognized as the market leader in Northern California multifamily transactions. He consistently interfaces with the most active institutional and private owners, facilitates unsurpassed insight into current market conditions and demonstrates a strong ability to forecast trends.
The Jones-Saglimbeni Team has a unique insight into the mindset of the active buyer and seller in Northern California Market. The real time information is harvested as a result of extremely high levels of interaction and transacting nearly 50% of all trades in excess of 100 units in the Bay Area.
Mr. Jones is recognized by institutional investors for his extensive, exclusive and successful representation of sellers. He exclusively represents many of California’s largest private and institutional property owners including AvalonBay Communities, Equity Residential, BRE Properties, Archstone, GE Capital, Prometheus Real Estate Group, Essex and Sequoia Equities, to name a few.
Mr. Jones graduated Cum Laude from the University of Utah with a Bachelor of Science Degree in Finance and an emphasis in Real Estate. He served on the Board of Directors for the United State Ski Association (USSA), Freestyle Committee and directed the 1980 USSA National Freestyle Championships in Jackson Hole, Wyoming.
Mr. Jones is currently involved in the ownership of over 2,000 apartment units in California, which has enabled him to view the financial operation of apartments from an owner’s perspective, including a realistic view of operations, financing, physical conditions, etc.
Mr. Jones has been recognized by the media as an expert on the northern California apartment market. He was recognized as a top Dealmaker in 2009 by the California Real Estate Journal. He has been quoted in such publications as Real Estate Southern California, California Real Estate Journal, San Jose/Silicon Valley Business Journal, San Francisco Business Times, among others. He has also served as a panelist at numerous real estate conferences.