Marcus & Millichap

Chris Futo

Overview


Chris Futo, Senior Associate, joined Marcus & Millichap in 2009 and received the National Pace Setter Award the same year. Since joining Marcus & Millichap he has underwritten over Two Hundred Million worth of Apartment investments.  
 
Chris has formed a team with Gordon Navarre, Senior Associate, and Earl Elliott, Vice President of Investments. This team focuses on multi-family buyers and sellers of investment properties throughout the State of Michigan and Northern Ohio.  They have closed over 93 investment transactions valued at over $314 Million. 
 
Chris is actively working with Financial Institutions on BOV’s, Workouts, Foreclosures and Short Sales.  His acute business acumen comes as a graduate of the Eli Broad School of Business, Michigan State University.

Detroit
Chris Futo

Chris Futo

Senior Associate
Tel: (248) 415-3012
Fax: (248) 352-3813

License:  MI  6501358300

Associate Director - National Multi Housing Group

Promoted to Senior Associate in May, 2013

Michigan State University/ Eli Broad College of Business, BA Marketing

Sales Recognition Award - 2015

Graduated Eli Broad School of Business, Michigan State University, December 2008

Over $174 Million in sales

Joined Marcus & Millichap in 2009
 
National Pace Setter Award 2009
 
Actively working with Financial Institutions on BOV's, Workouts, Foreclosures and Short Sales
 
Underwritten over $200 million of Apartments
 

Our Team

Chris Futo & Earl E. Elliott

Meet The Team:
 
Earl Elliott - Vice President Investments
Gordon Navarre – Associate
Chris Futo – Associate
 
The team was completed in 2009 with the addition of Chris, but has a background since 2006.  Earl
joined Marcus & Millichap in 1998 and has received the National Achievement Award several times in his career.  His prior experience includes owning and managing Elliott’s Import & Interiors from 1973 to 1998.  This company had Thirty-six employees and annual sales of Three Million Dollars. Since joining Marcus & Millichap he has achieved over One Hundred Fifty Million Dollars in sales. 
 
Gordon joined Marcus & Millichap in 2006.  He is an expert witness in partnership value disputes/litigations, and is actively working with Financial Institutions on BOV’s, Workouts, Foreclosures and Short Sales.  He has closed over Twenty-one Million Dollars in sales since 2006. 
 
Chris graduated from the Eli Broad School of Business, Michigan State University in 2008 and promptly joined Marcus & Millichap in 2009.  He achieved the National Pace Setter Award the same year and since has underwritten over Two Hundred Million Dollars worth of Apartment investments.  The team of Earl, Gordon and Chris bring a powerful set of skills, a wealth of experience, and significant industry awareness to the field of commercial real estate. 

Team Members:

Transactions Closed

  • Beacon Lake Apartments

    Beacon Lake Apartments

    Multifamily

    Mason, MI
    Price: $17,120,000
    Size: 234,960 sqft
    Size: 240 units
    Cap Rate: 6.27%

  • Deer Run

    Deer Run

    Multifamily

    Kalamazoo, MI
    Price: $3,867,500
    Size: 87,920 sqft
    Size: 140 units
    Cap Rate: 9.47%

  • Danford Creek

    Danford Creek

    Multifamily

    Kalamazoo, MI
    Price: $3,500,000
    Size: 67,589 sqft
    Size: 117 units
    Cap Rate: 10.07%

  • Aspen Ridge

    Aspen Ridge

    Multifamily

    Kalamazoo, MI
    Price: $2,692,308
    Size: 132,486 sqft
    Size: 84 units
    Cap Rate: 8.88%

  • Aspen Ridge

    Aspen Ridge

    Multifamily

    Kalamazoo, MI
    Price: $2,307,692
    Size: 132,486 sqft
    Size: 72 units
    Cap Rate: 11.53%

  • Belmont Park

    Belmont Park

    Multifamily

    Lansing, MI
    Price: $3,250,000
    Size: 79,182 sqft
    Size: 106 units
    Cap Rate: 8.81%

  • Walnut Ridge Apartments

    Walnut Ridge Apartments

    Multifamily

    Walled Lake, MI
    Price: $2,985,000
    Size: 43,000 sqft
    Size: 48 units
    Cap Rate: 7.41%

  • Country Corner Apartments

    Country Corner Apartments

    Multifamily

    Southfield , MI
    Price: $17,084,656
    Size: 281,400 sqft
    Size: 211 units
    Cap Rate: 7.11%

  • Drakeshire Retail

    Drakeshire Retail

    Shopping Strip

    Lapeer, MI
    Price: $665,000
    Size: 17,245 sqft
    Cap Rate: 9.05%

  • Drakeshire Apartments

    Drakeshire Apartments

    Multifamily

    Lapeer, MI
    Price: $4,360,000
    Size: 106,512 sqft
    Size: 156 units
    Cap Rate: 10.01%

In The News

  • Marcus & Millichap sells 1,651-unit multi-family portolio in Grand Rapids market

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