Palo Alto Office
2626 Hanover Street

Palo Alto, CA 94304
Office: (650) 391-1700

Palo Alto office page

Apartments

Eduardo U. Cerna

Senior Managing Director Investments

Eduardo Cerna has exectuted over $900M in real estate transactions, equating to 8,900+ multifamily units. A 25+year veteran, Ed's proven ability to increase his clients' net worth, and his capacity to understand their financial goals in the context of dynamic and ever-changing market conditions, sets him apart from other brokers. Ed firmly believes in working closely with each client, one transaction at a time, ever mindful of their unique investment goals in order to match these goals with the correct market and specific property investment. A staunch believer in, and practitioner of, extensive market research, thoroughness in due diligence and adherence to financial analyses, Ed's economic savvy is matched by his flexibility to adapt to even the most difficult and challenging markets.

"We do our homework," Ed states, "and we are committed to doing everything we can to help achieve the goals of our clients."

A consistent top producer, Ed has brokered many notable multifamily transactions. In a span of four months, he successfully brokered and closed over 1,100 units in Phoenix, AZ with an estimated value of close to $50 million. One of these deals resulted in the largest loan origination in the history of Marcus & Millichap Capital Corporation. Ed's business philosophy has helped make the Cerna Group of Marcus & Millichap a highly respected group in commercial real estate with a specialization in multifamily listings. Ed has represented clients such as the Bascom Group, Essex Property Trust, Lyons Capital Ventures, Red Rock Ventures, and Sares Regis, while specializing in bringing value to high wealth individuals conducting their personal investments transactions.

License: CA: 00947748

Achievements

  • Top 10 Investment Professional: 1998
  • National Achievement Award: 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011, 2006, 2005, 2003, 2002, 2001, 2000, 1999, 1998, 1997
  • Sales Recognition Award: 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011, 2007, 2006, 2005, 2003, 2002, 2001, 2000, 1999, 1998, 1997, 1995, 1994, 1993, 1992, 1991, 1990
  • SIA Induction: 1996

Featured Closings

Closed

Apartments

Rainbow Apartments

San Jose, CA

Number of Units: 8

Closed

Apartments

347 Willow Street

San Jose, CA

Number of Units: 4

Closed

Apartments

1044 & 1046 Noel Drive

Menlo Park, CA

Number of Units: 8

Closed

Apartments

The William Apartments

San Jose, CA

Number of Units: 16

Closed

Apartments

1584 Hollenbeck Avenue

Sunnyvale, CA

Number of Units: 6

Closed

Apartments

1187 Boranda Ave

Mountain View, CA

Number of Units: 8

Closed

Apartments

2748 Kollmar Drive

San Jose, CA

Number of Units: 16

Closed

Apartments

Star Lane Apartments

San Jose, CA

Number of Units: 35

Closed

Apartments

215 West Olive Avenue

Sunnyvale, CA

Number of Units: 9

Closed

Retail

Middlefield Road

Redwood City, CA

Closed

Office

668 N. First Street

San Jose, CA

Closed

Apartments

Bixby Knolls

Long Beach, CA

Number of Units: 145

Closed

Apartments

Northridge Manor

Salinas, CA

Number of Units: 32

Closed

Apartments

Northern Point

Phoenix, AZ

Number of Units: 486

Closed

Apartments

Casa Carranza

Mesa, AZ

Number of Units: 272

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