Marcus & Millichap

Gordon A. Navarre

Overview

Gordon Navarre, Senior Associate, has been involved in commercial real estate for more than eight years. Since joining Marcus & Millichap in 2006 Gordon has focused exclusively on Multi-family buyers and sellers of investment properties throughout the State of Michigan and Northern Ohio.  Gordon was promoted to Senior Associate in 2013.  Earl Elliott, Associate Director of National Multifamily Housing Group, Chris Futo, and Gordon have formed a team that has closed over 110 investment transactions valued at over $568 Million.

Detroit
Gordon A. Navarre

Gordon A. Navarre

Vice President Investments
Tel: (248) 415-3023
Fax: (248) 352-3813

License:  MI  6501342679

Associate Director - National Multi Housing Group

Promoted to Senior Associate in August, 2013
Promoted to Vice President Investments in July, 2016

Joined Marcus & Millichap in 2006
 
Promoted from Agent to Associate in 2008

Promoted to Senior Associate in 2013
 
Over $434 Million in Sales

Actively working with Financial Institutions on Broker Opinion of Value (BOV) and Foreclosures
 
Expert witness in partnership value dispute 

Oakland County Community College, Associates

Sales Recognition Award - 2015, 2014

Our Team

Gordon A. Navarre, Chris Futo, Earl E. Elliott

The team of Earl Elliott - Vice President Investments, Gordon Navarre – Associate, and Chris Futo – Associate 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 Five Hundred 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 Four Hundred 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 Seven 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:

Listed Properties

Transactions Closed

  • Michigan Multi-Family Portfolio

    Michigan Multi-Family Portfolio

    Multifamily

    East Lansing, MI
    Price: $81,800,000
    Size: 1,008,125 sqft
    Size: 1,613 units
    Cap Rate: 8.58%

  • Woodland Creek

    Woodland Creek

    Multifamily

    Kentwood , MI
    Price: $57,345,000
    Size: 787,431 sqft
    Size: 756 units
    Cap Rate: 13.75%

  • Campus Village Apartments

    Campus Village Apartments

    Student Housing

    East Lansing , MI
    Price: $20,900,000
    Size: 284,675 sqft
    Size: 357 units
    Cap Rate: 7.34%

  • Beachwood  Apartments and Townhomes

    Beachwood Apartments and Townhomes

    Multifamily

    Harrison Township, MI
    Price: $18,500,000
    Size: 32,200 sqft
    Size: 376 units
    Cap Rate: 2.03%

  • Township Square Apartment Homes

    Township Square Apartment Homes

    Multifamily

    Saginaw, MI
    Price: $17,100,000
    Size: 264,300 sqft
    Size: 283 units
    Cap Rate: 8.17%

  • Country Corner Apartments

    Country Corner Apartments

    Multifamily

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

  • Wyndham Hill Apartments

    Wyndham Hill Apartments

    Multifamily

    Grand Rapids, MI
    Price: $16,650,000
    Size: 187,054 sqft
    Size: 192 units
    Cap Rate: 12.39%

  • Pebble Creek

    Pebble Creek

    Multifamily Tax Credit

    Southfield, MI
    Price: $15,550,000
    Size: 258,896 sqft
    Size: 256 units
    Cap Rate: 16.66%

  • Meadowood Park

    Meadowood Park

    Multifamily Tax Credit

    Wixom, MI
    Price: $12,900,000
    Size: 228,240 sqft
    Size: 248 units
    Cap Rate: 8.03%

  • 37255 S Woodbridge Circle

    37255 S Woodbridge Circle

    Multifamily Tax Credit

    Westland, MI
    Price: $12,625,000
    Size: 172,304 sqft
    Size: 192 units
    Cap Rate: 16.44%

  • Autumn Ridge

    Autumn Ridge

    Multifamily

    Grand Rapids, MI
    Price: $12,500,000
    Size: 190,820 sqft
    Size: 328 units
    Cap Rate: 12.36%

  • Northview Park

    Northview Park

    Multifamily Tax Credit

    Sterling Heights, MI
    Price: $11,600,000
    Size: 187,400 sqft
    Size: 200 units
    Cap Rate: 8.83%

  • Autumn Ridge

    Autumn Ridge

    Multifamily

    Grand Rapids, MI
    Price: $11,375,000
    Size: 190,820 sqft
    Size: 328 units
    Cap Rate: 13.59%

  • Bridgewater Park I & II

    Bridgewater Park I & II

    Multifamily Tax Credit

    Clarkston, MI
    Price: $11,250,000
    Size: 249,520 sqft
    Size: 264 units
    Cap Rate: 9.50%

  • Lakeside Park

    Lakeside Park

    Multifamily Tax Credit

    Shelby Township, MI
    Price: $10,750,000
    Size: 172,744 sqft
    Size: 192 units
    Cap Rate: 9.29%

  • Woodbridge

    Woodbridge

    Multifamily

    Kentwood, MI
    Price: $8,800,000
    Size: 152,400 sqft
    Size: 168 units
    Cap Rate: 7.11%

  • Green Meadows

    Green Meadows

    Multifamily Tax Credit

    Belleville, MI
    Price: $8,075,000
    Size: 133,680 sqft
    Size: 144 units
    Cap Rate: 9.64%

  • Oak Valley & Pinery Woods

    Oak Valley & Pinery Woods

    Multifamily

    Wyoming, MI
    Price: $7,980,000
    Size: 147,635 sqft
    Size: 207 units
    Cap Rate: 19.48%

  • Oak Valley & Pinery Woods

    Oak Valley & Pinery Woods

    Multifamily

    Wyoming, MI
    Price: $7,650,000
    Size: 147,635 sqft
    Size: 207 units
    Cap Rate: 20.32%

  • Pallister Plaisance Apartments

    Pallister Plaisance Apartments

    Multifamily

    Detroit, MI
    Price: $7,350,000
    Size: 116,220 sqft
    Size: 187 units
    Cap Rate: 9.57%

  • Brookwood Farms

    Brookwood Farms

    Multifamily

    South Lyon, MI
    Price: $7,250,000
    Size: 126,554 sqft
    Size: 124 units
    Cap Rate: 10.25%

  • Infinity Park

    Infinity Park

    Multifamily

    Detroit, MI
    Price: $6,650,000
    Size: 354,116 sqft
    Size: 484 units
    Cap Rate: 15.41%

  • Traditions of Holland

    Traditions of Holland

    Multifamily Tax Credit

    Holland, MI
    Price: $6,550,000
    Size: 117,568 sqft
    Size: 120 units
    Cap Rate: 7.76%

  • Town Commons

    Town Commons

    Multifamily

    Howell, MI
    Price: $5,600,000
    Size: 106,468 sqft
    Size: 100 units
    Cap Rate: 8.00%

  • Atlantica Apartments

    Atlantica Apartments

    Multifamily

    Atlantic Beach, FL
    Price: $5,500,000
    Size: 88,000 sqft
    Size: 100 units
    Cap Rate: 6.99%

  • Riverwood Luxury Apartments

    Riverwood Luxury Apartments

    Multifamily

    Flint, MI
    Price: $5,325,000
    Size: 191,856 sqft
    Size: 176 units
    Cap Rate: 13.36%

  • Drakeshire Apartments

    Drakeshire Apartments

    Multifamily

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

  • Deer Creek Manor Apartments

    Deer Creek Manor Apartments

    Multifamily

    Williamston, MI
    Price: $4,000,000
    Size: 111,120 sqft
    Size: 196 units
    Cap Rate: 10.34%

  • Greenwycke Commons

    Greenwycke Commons

    Multifamily

    Monroe, MI
    Price: $3,945,000
    Size: 77,679 sqft
    Size: 116 units
    Cap Rate: 8.58%

  • Seville Pointe I & II

    Seville Pointe I & II

    Multifamily Tax Credit

    Pontiac, MI
    Price: $3,925,000
    Size: 212,368 sqft
    Size: 192 units
    Cap Rate: 41.58%

  • Deer Run

    Deer Run

    Multifamily

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

  • Lovell Square

    Lovell Square

    Multifamily

    Kalamazoo, MI
    Price: $3,775,000
    Size: 34,877 sqft
    Size: 47 units
    Cap Rate: 7.91%

  • Ivan Woods

    Ivan Woods

    Multifamily Tax Credit

    Delta Charter Township, MI
    Price: $3,650,000
    Size: 55,808 sqft
    Size: 90 units
    Cap Rate: 20.20%

  • Springfield Village Apartments

    Springfield Village Apartments

    Multifamily

    Roseville, MI
    Price: $3,600,000
    Size: 71,760 sqft
    Size: 96 units
    Cap Rate: 8.30%

  • Danford Creek

    Danford Creek

    Multifamily

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

  • Chestnut Court

    Chestnut Court

    Multifamily

    Wayne, MI
    Price: $3,450,000
    Size: 76,330 sqft
    Size: 82 units
    Cap Rate: 6.61%

  • The Shoppes at Romence Village

    The Shoppes at Romence Village

    Shopping Neighborhood

    Portage, MI
    Price: $3,275,000
    Size: 69,990 sqft
    Cap Rate: 10.68%

  • Belmont Park

    Belmont Park

    Multifamily

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

  • TPC Michigan

    TPC Michigan

    Golf Course

    Dearborn, MI
    Price: $3,000,000
    Size: 18 units
    Cap Rate: 6.29%

  • 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%

  • Meadows of Auburn Hills

    Meadows of Auburn Hills

    Multifamily Tax Credit

    Auburn Hills, MI
    Price: $2,940,000
    Size: 110,000 sqft
    Size: 120 units
    Cap Rate: 31.06%

  • Aspen Ridge

    Aspen Ridge

    Multifamily

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

  • Oak Tree Village

    Oak Tree Village

    Multifamily

    Grand Ledge, MI
    Price: $2,575,000
    Size: 42,816 sqft
    Size: 56 units
    Cap Rate: 9.24%

  • Stonecrest Townhomes

    Stonecrest Townhomes

    Multifamily

    Lansing , MI
    Price: $2,575,000
    Size: 84,250 sqft
    Size: 117 units
    Cap Rate: 10.69%

  • 28th Street Retail Center

    28th Street Retail Center

    Shopping Strip

    Grand Rapids, MI
    Price: $2,550,000
    Size: 16,668 sqft
    Cap Rate: 8.92%

  • Danbury Place

    Danbury Place

    Multifamily

    Grand Rapids, MI
    Price: $2,523,000
    Size: 49,500 sqft
    Size: 66 units
    Cap Rate: 8.80%

  • Aspen Ridge

    Aspen Ridge

    Multifamily

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

  • Perrine Pointe

    Perrine Pointe

    Multifamily

    Midland, MI
    Price: $2,300,000
    Size: 47,700 sqft
    Size: 53 units
    Cap Rate: 9.47%

  • Lapeer Gardens

    Lapeer Gardens

    Multifamily

    Flint, MI
    Price: $2,200,000
    Size: 141,500 sqft
    Size: 176 units
    Cap Rate: 13.64%

  • Willows On Twin Ponds

    Willows On Twin Ponds

    Multifamily

    Jackson, MI
    Price: $2,198,000
    Size: 69,653 sqft
    Size: 95 units
    Cap Rate: 10.11%

  • Cavalier Manor Apartments

    Cavalier Manor Apartments

    Multifamily

    Eastpointe, MI
    Price: $2,182,000
    Size: 50,052 sqft
    Size: 66 units
    Cap Rate: 9.26%

  • Maple Brooke Apartments

    Maple Brooke Apartments

    Multifamily

    Kalamazoo, MI
    Price: $2,150,000
    Size: 58,352 sqft
    Size: 64 units
    Cap Rate: 10.08%

  • Royal Manor Apartments

    Royal Manor Apartments

    Multifamily

    Royal Oak, MI
    Price: $2,135,000
    Size: 25,400 sqft
    Size: 40 units
    Cap Rate: 7.04%

  • Crosscreeks II Apartments

    Crosscreeks II Apartments

    Multifamily

    Temperance, MI
    Price: $1,992,149
    Size: 85,050 sqft
    Size: 88 units
    Cap Rate: 15.23%

  • Crosscreeks I Townhomes

    Crosscreeks I Townhomes

    Multifamily

    Temperance, MI
    Price: $1,964,524
    Size: 40,000 sqft
    Size: 40 units
    Cap Rate: 8.28%

  • Four Seasons

    Four Seasons

    Multifamily Tax Credit

    Adrian, MI
    Price: $1,925,000
    Size: 95,250 sqft
    Size: 96 units
    Cap Rate: 14.06%

  • Embassy West Apartments

    Embassy West Apartments

    Multifamily

    Waterford, MI
    Price: $1,900,000
    Size: 64,728 sqft
    Size: 88 units
    Cap Rate: 9.69%

  • Westminster Meadows

    Westminster Meadows

    Multifamily Tax Credit

    Grand Rapids, MI
    Price: $1,817,469
    Size: 54,000 sqft
    Size: 64 units
    Cap Rate: 23.21%

  • Brookview South Apartments

    Brookview South Apartments

    Multifamily

    Toledo, OH
    Price: $1,350,000
    Size: 90,510 sqft
    Size: 156 units
    Cap Rate: 10.07%

  • Central Court Apartments

    Central Court Apartments

    Multifamily

    Garden City, MI
    Price: $1,350,000
    Size: 27,620 sqft
    Size: 38 units
    Cap Rate: 9.75%

  • Oak Park Apartments

    Oak Park Apartments

    Multifamily

    Grand Rapids, MI
    Price: $1,277,000
    Size: 19,280 sqft
    Size: 42 units
    Cap Rate: 8.68%

  • Circle West Apartments

    Circle West Apartments

    Multifamily

    Lansing, MI
    Price: $1,225,000
    Size: 29,880 sqft
    Size: 40 units
    Cap Rate: 9.14%

  • Grange Oaks Apartments

    Grange Oaks Apartments

    Multifamily

    Holly, MI
    Price: $920,000
    Size: 29,700 sqft
    Size: 48 units
    Cap Rate: 9.19%

  • Michelle Place

    Michelle Place

    Multifamily

    Romulus, MI
    Price: $900,000
    Size: 20,400 sqft
    Size: 24 units
    Cap Rate: 9.47%

  • Riverwalk Meadows

    Riverwalk Meadows

    Multifamily Tax Credit

    Bay City, MI
    Price: $875,000
    Size: 42,000 sqft
    Size: 50 units
    Cap Rate: 29.64%

  • Bavarian Village

    Bavarian Village

    Multifamily

    Saginaw, MI
    Price: $830,000
    Size: 32,040 sqft
    Size: 68 units
    Cap Rate: 10.70%

  • Farmington Portfolio

    Farmington Portfolio

    Multifamily

    Farmington, MI
    Price: $720,000
    Size: 10,940 sqft
    Size: 12 units
    Cap Rate: 7.74%

  • Farmington Portfolio

    Farmington Portfolio

    Multifamily

    Farmington, MI
    Price: $720,000
    Size: 10,940 sqft
    Size: 12 units
    Cap Rate: 7.74%

  • Village Apartments

    Village Apartments

    Multifamily

    Oxford, MI
    Price: $710,000
    Size: 12,090 sqft
    Size: 20 units
    Cap Rate: 9.42%

  • WASHINGTON APARTMENTS

    WASHINGTON APARTMENTS

    Multifamily

    Lansing, MI
    Price: $665,000
    Size: 38,320 sqft
    Size: 62 units
    Cap Rate: 13.06%

  • Drakeshire Retail

    Drakeshire Retail

    Shopping Strip

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

  • Farmington Portfolio

    Farmington Portfolio

    Multifamily

    Farmington, MI
    Price: $660,000
    Size: 10,940 sqft
    Size: 11 units
    Cap Rate: 7.24%

  • Park Place Apartments

    Park Place Apartments

    Multifamily

    Lincoln Park, MI
    Price: $640,000
    Size: 14,400 sqft
    Size: 24 units
    Cap Rate: 10.89%

  • Elmhurst Apartments

    Elmhurst Apartments

    Multifamily

    Lansing, MI
    Price: $400,000
    Size: 18,380 sqft
    Size: 20 units
    Cap Rate: 13.16%

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