Marcus & Millichap

Ray Giannini


Ray Giannini is a Senior Vice President Investments and a Director for the National Seniors Housing Group for the Milwaukee Office and Midwest Region.  Over the last 21 years, Ray has become a leading broker in the industry selling all types of seniors housing properties including congregate care, assisted living, and skilled nursing facilities.  To date, Ray Giannini has sold more than $450,000,000 of real estate transactions in multiple states, primarily in the Midwest. 

Ray Giannini

Ray Giannini

Senior Managing Director Investments
Tel: (262) 364-1920
Fax: (262) 364-1910

License:  WI  50718-90
License:  MN  RA-20086383
License:  IL  475147912

Director - National Seniors Housing Group

Promoted to Associate in January, 1998
Promoted to Senior Associate in November, 1999
Promoted to Senior Investment Associate in July, 2003
Promoted to Vice President Investments in January, 2008
Promoted to First Vice President Investments in July, 2012
Promoted to Senior Vice President Investments in January, 2017
Promoted to Senior Managing Director Investments in July, 2018

1996 - Present:     Sr. VP-Investments, Director, National Seniors Housing Group  
                                     Specializing in representing buyers and sellers of Seniors Housing Properties
                               Real Estate Licenses

                                      Salesperson's License: Illinois and Minnesota
                                      Broker's License: Wisconsin
1991 - 1996:         Senior Acquisitions Analyst, Extendicare Health Services of Milwaukee
                                      Oversaw Acquisitions,  Analysis of 10th Largest For-Profit Sr. Hsg. 
                                      Owner / Operator in the U.S.          

1989 - 1991
:         Staff Auditor, Ernst & Young, Milwaukee Office
                                      Big 4 Accounting and Consulting Firm


Marquette University; University of Wisconsin-Milwaukee

National Achievement Award: 2017, 2016, 2015, 2014, 2007, 2006, 2005, 2004, 2003, 2001, 1999, 1998
Sales Recognition Award: 2018, 2017, 2016, 2015, 2014, 2012, 2011, 2010, 2007, 2006, 2005, 2004, 2003, 2001, 1999, 1998
Platinum: 2015

1998: No. 17 Overall Agent:  Marcus & Millichap National Achievement Award
1998 - Current:  Marcus & Millichap Top Midwest Broker Award; 9-Time National Achievement Award Winner;  12-Time Achievement Award Winner.

Our Team

Ray Giannini, John Klement, Aaron Thompson

Anastasia Pilarski, Sr. Financial Analyst

Anastasia Pilarski is a Sr. Financial Analyst with Marcus & Millichap of Milwaukee for 13 years. As a Senior Financial Analyst for Ray Giannini of The Milwaukee Seniors Housing Group, Anastasia conducts careful financial analysis of proposed transactions and portfolios in the Seniors Housing industry. 
Anastasia is also a licensed salesperson in the states of Minnesota and Wisconsin. 

Team Members:

  • Anastasia Pilarski
    Agent Assistant
    (262) 364-1900

Transactions Closed

  • Cameo Care Center

    Cameo Care Center

    Skilled Nursing Facility

    Milwaukee, WI
    Price: $16,150,000
    Size: 78,615 sqft
    Size: 141 units

  • Cherrywood Pointe of Savage

    Cherrywood Pointe of Savage

    Assisted Living Care

    Savage, MN
    Price: $22,250,000
    Size: 75,000 sqft
    Size: 94 units
    Cap Rate: 7.31%

  • Evansville Manor SNF and The Heights ALF

    Evansville Manor SNF and The Heights ALF

    Retirement Care Community

    Evansville, WI
    Price: $4,843,100
    Size: 128,098 sqft
    Size: 50 units

  • Keelson Harbour

    Keelson Harbour

    Assisted Living Care

    Spirit Lake, IA
    Size: 100,000 sqft
    Size: 87 units

  • Arbor View & Legacy Assisted Living

    Arbor View & Legacy Assisted Living

    Assisted Living Care

    Pewaukee, WI
    Price: $11,125,000
    Size: 31,403 sqft
    Size: 55 units

  • Birchrock Portfolio

    Birchrock Portfolio

    Assisted Living Care

    Mukwonago, WI
    Price: $4,900,000
    Size: 62,166 sqft
    Size: 73 units

  • Banfill Crossing

    Banfill Crossing


    Fridley, MN
    Price: $13,500,000
    Size: 40,000 sqft
    Size: 110 units

  • Ridgewood Care Center

    Ridgewood Care Center

    Skilled Nursing Facility

    Racine, WI
    Price: $10,000,000
    Size: 101,397 sqft
    Size: 109 units

  • Autumn Grace & Water's Edge

    Autumn Grace & Water's Edge

    Assisted Living Care

    Mankato, MN
    Price: $15,500,000
    Size: 48,339 sqft
    Size: 65 units

  • American Grand Assisted Living Suites

    American Grand Assisted Living Suites

    Assisted Living Care

    Kaukauna, WI
    Price: $8,500,000
    Size: 34,490 sqft
    Size: 46 units

  • BHS: Two SNFs

    BHS: Two SNFs

    Skilled Nursing Facility

    Duluth, MN
    Price: $10,000,000
    Size: 60,000 sqft
    Size: 155 units

  • Terraceview Living Center

    Terraceview Living Center

    Skilled Nursing Facility

    Shell Lake, WI
    Price: $1,900,000
    Size: 40,306 sqft
    Size: 31 units

  • VMP Trinity

    VMP Trinity

    Skilled Nursing Facility

    Milwaukee, WI
    Price: $19,000,000
    Size: 253,916 sqft
    Size: 329 units

  • Liberty Manor

    Liberty Manor

    Assisted Living Care

    Adams, WI
    Price: $2,300,000
    Size: 24,564 sqft
    Size: 41 units

  • Elizabeth Residence Caledonia

    Elizabeth Residence Caledonia

    Assisted Living Care

    Racine, WI
    Price: $6,500,000
    Size: 54,000 sqft
    Size: 54 units

  • Lake Barrington Field House

    Lake Barrington Field House

    Shopping Community

    Lake Barrington, IL
    Price: $5,600,000
    Size: 153,413 sqft

  • Jackson Crossings

    Jackson Crossings

    Retirement Care Community

    Price: $7,000,000
    Size: 42,842 sqft
    Size: 52 units

  • Grace Lodge Assisted Living

    Grace Lodge Assisted Living

    Assisted Living Care

    Rhinelander, WI
    Price: $3,750,030
    Size: 32,015 sqft
    Size: 40 units

  • Assisted Living MN

    Assisted Living MN

    Assisted Living Care

    Seniorsville, MN
    Price: $2,500,000
    Size: 33,725 sqft
    Size: 29 units

  • Ramsey Woods Residence

    Ramsey Woods Residence

    Assisted Living Care

    Cudahy, WI
    Price: $3,500,000
    Size: 16,057 sqft
    Size: 29 units

  • Highland Heights Health Care

    Highland Heights Health Care

    Skilled Nursing Facility

    Milwaukee, WI
    Price: $4,200,000
    Size: 46,056 sqft
    Size: 69 units

  • Vadnais Sports Center

    Vadnais Sports Center

    Shopping Community

    Vadnais Heights, MN
    Price: $10,552,200
    Size: 186,699 sqft

  • Lutheran Care Center

    Lutheran Care Center

    Skilled Nursing Facility

    Little Falls, MN
    Price: $1,100,000
    Size: 50,396 sqft
    Size: 55 units

  • Bridgeway Estates

    Bridgeway Estates

    Assisted Living Care

    Little Falls, MN
    Price: $3,500,000
    Size: 39,648 sqft
    Size: 42 units

  • Seven Oaks

    Seven Oaks

    Skilled Nursing Facility

    Glendale , WI
    Price: $7,600,000
    Size: 63,629 sqft
    Size: 68 units

  • Foxtail Townhomes, Inc.

    Foxtail Townhomes, Inc.

    Student Housing

    Thief River Falls, MN
    Price: $1,250,000
    Size: 38,680 sqft
    Size: 40 units

  • Park Vista Retirement Living

    Park Vista Retirement Living

    Retirement Care Community

    Waupaca, WI
    Price: $7,000,000
    Size: 81,300 sqft
    Size: 94 units

  • The Danish American Home

    The Danish American Home

    Seniors Apartments / Independent

    Racine, WI
    Price: $1,000,000
    Size: 39,071 sqft
    Size: 33 units

  • Glenwood Estates

    Glenwood Estates

    Assisted Living Care

    Glenwood, MN
    Price: $1,575,000
    Size: 19,322 sqft
    Size: 21 units

  • Mission Oaks Manor

    Mission Oaks Manor

    Skilled Nursing Facility

    San Antonio, TX
    Size: 28,764 sqft
    Size: 72 units

  • Ebony Lake Healthcare Center

    Ebony Lake Healthcare Center

    Skilled Nursing Facility

    Brownsville, TX
    Size: 31,974 sqft
    Size: 60 units

  • Trinity Senior Community

    Trinity Senior Community

    Assisted Living Care

    Madison, WI
    Price: $2,500,000
    Size: 19,401 sqft
    Size: 48 units

  • Golden Living Centers of Kenosha

    Golden Living Centers of Kenosha

    Skilled Nursing Facility

    Kenosha, WI
    Price: $3,950,000
    Size: 28,310 sqft
    Size: 97 units

  • Countryside Home

    Countryside Home

    Skilled Nursing Facility

    Jefferson, WI
    Price: $8,001,000
    Size: 94,000 sqft
    Size: 120 units

  • Maple Lane Health Care Center

    Maple Lane Health Care Center

    Skilled Nursing Facility

    Shawano, WI
    Price: $1,932,200
    Size: 53,770 sqft
    Size: 46 units

  • Parkview Care Center

    Parkview Care Center

    Skilled Nursing Facility

    Wells, MN
    Price: $700,000
    Size: 23,987 sqft
    Size: 32 units

  • Fountain View CC & Wolverton Glen AL

    Fountain View CC & Wolverton Glen AL

    Retirement Care Community

    Price: $4,000,000
    Size: 66,985 sqft
    Size: 72 units

  • Angelus of Nekoosa

    Angelus of Nekoosa

    Assisted Living Care

    Nekoosa, WI
    Price: $5,500,000
    Size: 53,247 sqft
    Size: 56 units

  • Aspen Pond Assisted Living

    Aspen Pond Assisted Living

    Assisted Living Care

    Show Low, AZ
    Price: $5,199,200
    Size: 59,256 sqft
    Size: 54 units

  • Riverview Manor & River Run Apartments

    Riverview Manor & River Run Apartments

    Seniors Apartments / Independent

    Wisconsin Rapids, WI
    Price: $2,170,000
    Size: 93,465 sqft
    Size: 40 units

In The News

  • Marcus & Millichap Arranges CCRC Sale for $19 Million

    Ray Giannini of Marcus & Millichap sold a not-for-profit continuing care retirement community (CCRC) in Milwaukee, Wisconsin, for $19 million. The deal was approximately $53,670 per unit with...

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    BHS Sells Two Minnesota SNFs and ALF

    In another sale involving skilled nursing beds and assisted living, Ray Giannini of Marcus & Millichap sold a nursing facility in Duluth, Minnesota for $10.0 million, or about $53,000 per bed....

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    Ray Giannini has been promoted to Senior Vice President

    Ray Giannini has been promoted at Marcus & Millichap to senior vice president investments. He specializes in seniors housing property investments and is a director of the firm's National Seniors...

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  • Racine County to consider three offers for Ridgewood Care Center

    The offers were collected and scrutinized by real estate broker Ray Giannini, hired in May by the County Board to find a buyer for the 200-bed facility. Giannini, of Milwaukee-based Marcus &...

    Read More

    VMP Trinity CCRC Sold Milwaukee, WI

    A not-for-profit CCRC in Milwaukee, Wisconsin boasting a well performing skilled nursing facility was sold by Ray Giannini of Marcus & Millichap for $19 million, or approximately $53,670 per...

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    Canadian firm to buy Lake Barrington Field House

    Marcus & Millichap broker Ray Giannini was listing the 175,000-square-foot property for $10 million for Wells Fargo Bank, the trustee for bondholders he said are still owed about $26 million on...

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  • Twin Cities sports center with 2 NHL-size ice rinks for sale

    The 15-acre complex is being marketed by Marcus & Millichap on behalf of a trustee who took it back from the nonprofit developer who built it it with the help of about $27 million in tax-exempt...

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    Jefferson County to "OK' sale of Countryside Home

    Marcus & Millichap Real Estate Investment Service of Brookfield was hired to assist in the sale process. "Our goal was to expose this facility to the widest possible audience," Ray Giannini, vice...

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