Marcus & Millichap

Richard Butler


Rich joined Marcus & Millichap in 1989, specializing in the sale of apartment properties. In 1995 Rich became a Senior Sales Associate and was elected to Senior Investment Associate in 2001. In 2007, Rich was honored with the title of Vice President Investments and in 2015 Rich was nominated and elected unanimously by the firm's Board of Directors to the First Vice President distinction; as a Senior Vice President, a title held by fewer than 5% of Marcus & Millichap agents, Rich has received the company's distinctive Sales Achievement Award twelve times in recognition of outstanding performance in investment sales.

Over the past 25 years, Rich has specialized in representing private capital clients and closing almost 300 transactions. Rich is also adept at representing Buyer clients in 1031 Tax Deferred Exchanges. Successfully utilizing the Marcus & Millichap network, as well as contacting sellers of off-market product, Rich has successfully navigated the competitive landscape of exchange deadlines in brokering multifamily trades as well as 26 separate office, retail, self-storage and single tenant transactions across the United States. Rich has also had extensive experience selling multi-family portfolios for long-term clients including 3,200 units sold on behalf of two non-profit organizations located in AZ and NY as well as a family partnership located in Oakland, CA.

Rich is a graduate of Principia College in Elsah, IL where he earned a Bachelor of Arts Degree in Business Administration. While in college, Rich played four years of varsity football and baseball.

Richard Butler

Richard Butler

Senior Vice President Investments
Tel: (602) 687-6782
Fax: (602) 687-6718

License:  AZ  SA031210000

Director - National Multi Housing Group
Director - Special Asset Services Group

Promoted to Associate in December, 1993
Promoted to Senior Associate in December, 1998
Promoted to Senior Investment Associate in July, 2001
Promoted to Vice President Investments in January, 2008
Promoted to First Vice President Investments in April, 2015
Promoted to Senior Vice President Investments in January, 2017

Principia, BA Business Administration

National Achievement Award: 2006, 2005, 2004, 2001, 2000
Sales Recognition Award: 2017, 2015, 2006, 2005, 2004, 2003, 2002, 2001, 2000, 1998, 1997, 1996, 1994, 1993


Multifamily Investments

Mr. Butler specializes in advisory services for multifamily investments in the Phoenix Metro Area.