Marcus & Millichap

Michael L. Shaffner

Overview

Michael L. Shaffner has served in an advisory role in the acquisition and disposition of multi-family investments since 1999.  His area of expertise includes the sale of institutional quality assets as well as value-added product resulting in over $1 billion in career real estate investment transactions.  Michael's exclusive focus on multi-family investments has provided an unparalleled level of expertise and results to his clients which include private capital, mid tier syndicates and large institutions. 
 
Michael holds a bachelor of science degree in Marketing from The University of Nevada, Las Vegas- has earned the prestigious designation of First Vice President/Investments within Marcus & Millichap and serves as a Director of the National Multi Housing Group (NMHG).   

Las Vegas
Michael L. Shaffner

Michael L. Shaffner

First Vice President Investments
Tel: (702) 215-7103
Fax: (702) 215-7110

License:  NV  BS.0045177

Director - National Multi Housing Group

Promoted to Vice President Investments in July, 2016
Promoted to First Vice President Investments in January, 2017

Promoted to Senior Associate 2004
Promoted to Associate Vice President 2007
Promoted to Vice President in 2016
Promoted to First Vice President in 2017
 

University of Nevada, Las Vegas, Marketing, 1998

National Achievement Award - 2005, 2004
Sales Recognition Award - 2007, 2005, 2004

National Achievement Award- 2006, 2005, 2004
Sales Recognition Award -2007, 2006, 2005, 2004

Transactions Closed

  • Las Palmas

    Las Palmas

    Multifamily

    Las Vegas, NV
    Price: $26,800,000
    Size: 319,384 sqft
    Size: 394 units
    Cap Rate: 5.92%

  • The Rubix

    The Rubix

    Multifamily

    Las Vegas, NV
    Price: $12,500,000
    Size: 64,585 sqft
    Size: 236 units
    Cap Rate: 6.97%

  • Haren Apartments

    Haren Apartments

    Multifamily

    Henderson, NV
    Price: $2,050,000
    Size: 30,400 sqft
    Size: 28 units
    Cap Rate: 6.70%

  • 3878-3892 Palos Verdes

    3878-3892 Palos Verdes

    Multifamily

    Las Vegas, NV
    Price: $920,000
    Size: 14,400 sqft
    Size: 16 units
    Cap Rate: 6.83%

  • Las Haciendas Apartments

    Las Haciendas Apartments

    Multifamily

    Las Vegas, NV
    Price: $925,000
    Size: 8,100 sqft
    Size: 25 units
    Cap Rate: 8.26%

  • Clark Studios

    Clark Studios

    Multifamily

    Las Vegas, NV
    Price: $1,440,000
    Size: 17,600 sqft
    Size: 44 units
    Cap Rate: 6.83%

  • Villa Paradisa

    Villa Paradisa

    Multifamily

    Las Vegas, NV
    Price: $1,720,000
    Size: 19,200 sqft
    Size: 32 units
    Cap Rate: 6.01%

  • Waikiki Palms Apartments

    Waikiki Palms Apartments

    Multifamily

    Las Vegas, NV
    Price: $1,300,000
    Size: 18,111 sqft
    Size: 26 units
    Cap Rate: 7.29%

  • McLeod Apartments

    McLeod Apartments

    Multifamily

    Las Vegas, NV
    Price: $680,000
    Size: 7,800 sqft
    Size: 10 units
    Cap Rate: 6.49%

  • 1307 Darlene Way & 891 Del Ray

    1307 Darlene Way & 891 Del Ray

    Multifamily

    Boulder City, NV
    Price: $7,800,000
    Size: 84,800 sqft
    Size: 106 units
    Cap Rate: 1.54%

  • Mesquite Springs Suites

    Mesquite Springs Suites

    Multifamily

    Mesquite, NV
    Price: $6,250,000
    Size: 45,660 sqft
    Size: 124 units
    Cap Rate: 6.53%

  • Sahara Gardens

    Sahara Gardens

    Multifamily

    Las Vegas, NV
    Price: $15,800,000
    Size: 273,920 sqft
    Size: 312 units
    Cap Rate: 6.17%

  • First Street Apartments

    First Street Apartments

    Land - Retail

    Las Vegas, NV
    Price: $2,100,000
    Size: 14,000 sqft

  • VILLA DEL SOL

    VILLA DEL SOL

    Multifamily

    Las Vegas, NV
    Price: $8,262,000
    Size: 92,417 sqft
    Size: 108 units
    Cap Rate: 6.64%

  • The Springs Portfolio

    The Springs Portfolio

    Multifamily

    Las Vegas, NV
    Price: $47,376,886
    Size: 544,159 sqft
    Size: 723 units
    Cap Rate: 7.83%

  • Brentwood Apartments

    Brentwood Apartments

    Multifamily

    Las Vegas, NV
    Price: $1,325,000
    Size: 13,600 sqft
    Size: 20 units
    Cap Rate: 7.49%

  • THE SPRING CREEKS APARTMENTS

    THE SPRING CREEKS APARTMENTS

    Multifamily

    Las Vegas, NV
    Price: $22,541,700
    Size: 269,712 sqft
    Size: 344 units
    Cap Rate: 7.65%

  • White Manor

    White Manor

    Multifamily

    Las Vegas, NV
    Price: $840,000
    Size: 8,100 sqft
    Size: 12 units
    Cap Rate: 5.00%

  • Town

    Town

    Multifamily

    LAS VEGAS, NV
    Price: $18,400,000
    Size: 138,143 sqft
    Size: 92 units
    Cap Rate: 6.03%

  • Ventana Canyon

    Ventana Canyon

    Multifamily

    Henderson, NV
    Price: $29,400,000
    Size: 248 units
    Cap Rate: 4.73%

  • Silverwood

    Silverwood

    Multifamily

    Las Vegas, NV
    Price: $27,300,000
    Size: 260,416 sqft
    Size: 296 units
    Cap Rate: 6.31%

  • Dodd St Apartment 8 Units

    Dodd St Apartment 8 Units

    Multifamily

    Las Vegas, NV
    Price: $410,000
    Size: 4,160 sqft
    Size: 08 units
    Cap Rate: 5.54%

  • Remington Canyon

    Remington Canyon

    Multifamily

    Henderson, NV
    Price: $27,100,000
    Size: 219,168 sqft
    Size: 224 units
    Cap Rate: 4.92%

  • Sterling Court

    Sterling Court

    Multifamily

    Las Vegas, NV
    Price: $26,250,000
    Size: 214,330 sqft
    Size: 237 units
    Cap Rate: 3.39%

  • Palermo

    Palermo

    Multifamily

    Las Vegas, NV
    Price: $20,250,000
    Size: 151,944 sqft
    Size: 168 units
    Cap Rate: 4.69%

  • The Courtyards

    The Courtyards

    Multifamily

    Las Vegas, NV
    Price: $19,200,000
    Size: 170,160 sqft
    Size: 204 units
    Cap Rate: 5.38%

  • Spanish Oaks

    Spanish Oaks

    Multifamily

    Las Vegas, NV
    Price: $13,150,000
    Size: 154,800 sqft
    Size: 216 units
    Cap Rate: 7.54%

  • Loma Vista

    Loma Vista

    Multifamily

    North Las Vegas, NV
    Price: $42,300,000
    Size: 398,556 sqft
    Size: 402 units
    Cap Rate: 3.80%

  • Sagebrook

    Sagebrook

    Multifamily

    Las Vegas, NV
    Price: $12,581,414
    Size: 148,880 sqft
    Size: 192 units
    Cap Rate: 7.68%

  • Santa Fe Shadows

    Santa Fe Shadows

    Multifamily

    Las Vegas, NV
    Price: $12,028,000
    Size: 107,128 sqft
    Size: 124 units
    Cap Rate: 5.46%

  • Southern Cove

    Southern Cove

    Multifamily

    Las Vegas, NV
    Price: $12,000,000
    Size: 108,500 sqft
    Size: 100 units
    Cap Rate: 5.68%

  • St. James Bay

    St. James Bay

    Multifamily

    Henderson, NV
    Price: $9,510,000
    Size: 82,896 sqft
    Size: 88 units
    Cap Rate: 5.15%

  • Evergreen Apartments

    Evergreen Apartments

    Multifamily

    Las Vegas, NV
    Price: $16,900,000
    Size: 397,703 sqft
    Size: 228 units
    Cap Rate: 6.89%