Salt Lake City, UT

The West Region of the Apartment Realty Advisors partnership consists of offices in Denver, Phoenix and Salt Lake City. Handling multiple markets in Colorado, Arizona and Utah, ARA’s West Region team consists of 15 apartment brokers with over 150 years of real estate experience. These brokers are assisted by 7 real estate licensed transaction managers, several of which have their MBA in real estate or finance. These transaction managers are supported by 12 key personnel who handle a wide range of tasks from marketing, financial analysis, graphic design, and an extensive range of research functions.

In the spring of 2007 Equimark, the multifamily market leader in Utah for more than 20 years, joined Apartment Realty Advisors of Utah, ARA’s 15th U.S. Office.

ARA Utah is committed to providing clients with experienced professionals to facilitate their transactions while ensuring thoroughness, timeliness and exacting attention to detail from beginning to end. ARA Utah clients know they can depend on ARA to offer more than brokerage services, as they have built a solid reputation for counseling clients in all matters related to multifamily housing.

The office is led by two of Utah’s most skilled multifamily brokers. President and founder Mark Millburn has established himself in the Utah multifamily market during the past 34 years, receiving CRE and CCIM designations. Jed Millburn, principal, entered the commercial real estate industry, specializing in multifamily properties with 20-250 units. In 2005, Jed negotiated more 20+ units than any other broker in the state.

During the past 20 years this office has enjoyed an average market share of 70 percent in the Salt Lake MSA and is the only Utah real estate company to transact $3 billion of apartments totaling more than 50,000 units.

ARA Utah maintains dominance in the market by constantly monitoring local and national industry trends using their exclusive database, the most comprehensive multifamily database in the Salt Lake market. This resource provides reliable, wide-ranging data on local economic and market trends, multifamily rental and vacancy rates, ongoing construction activity and sales data. This data is collected and reported in their semi-annual ‘Greater Salt Lake Multifamily Report.’

In addition, ARA Utah offers expertise in financing options, marketing strategies, negotiations and development issues.

Apartment Realty Advisors of Utah has and will continue to put it’s expertise to work to achieve the best overall results for both buyers and sellers.


 
 
 


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PLEASE NOTE OUR NEW ADDRESS

West - Salt Lake City
178 South Rio Grande
Suite 220
Salt Lake City, UT 84101

Tel: (801) 531-1221
Fax: (801) 531-1225

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