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Ben
Firestone
Investment Associate
The Marcus & Millichap National Seniors Housing Group
333 West Wacker Drive #200
Chicago, IL 60606
312.327.5400 (office)
312.327.5410 (fax)
312.327.5459 (mobile)
bfirestone@marcusmillichap.com
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Ben Firestone is a commercial real estate broker specializing in Seniors Housing transactions with Marcus & Millichap in Chicago. Since the inception of his career as a deal-maker in 2005, Mr. Firestone has consummated transactions exceeding three hundred million dollars in volume in fourteen states. Mr. Firestone provides specialty services representing buyers and sellers for all Seniors Housing Property types including independent living facilities, assisted living facilities, skilled nursing facilities, and continuing care retirement communities.
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Professional Affiliations
Seniors Housing Specialist Division of Marcus & Millichap
Assisted Living Federation of America
National Investors Conference (NIC)
Meals on Wheels Chicago Junior board member
Young Real Estate Professionals
The Harold E. Eisenberg Foundation
Childrens Memorial Medical Research Junior board member
Recently Closed Transactions
Forest Park of Eastview 2006
80 unit independent living facility located in suburban Rochester, NY for $5.8 million.
Westbury & Clifton NHs - 2006
Portfolio of 2 nursing homes (owned by a publicly traded company) in CT for $6.25 million.
The Greens Adult Living Facilities - 2007
240 bed nursing & assisted living facility in Lyndhurst, OH for a price exceeding $20 million.
Cypress portfolio 2006
Portfolio of 24 assisted living and 1 nursing home in 11 states for $190 million.
Professional Experience
Marcus & Millichap Real Estate Investment Services
Chicago, IL Investment Associate
2005 Present: Specializing in representing sellers of seniors housing
properties in the Midwestern U.S. Transaction volume of $300 million.
Syndicated Equities Corporation
Chicago, IL – 2004 – 2005
• Conducted market research, financial and demographic
reports for acquisitions of investment grade retail property.
Established relationships with commercial developers
throughout the country.
Michelson Realty Company –2004
• Assisted in managing the daily operations of a 400+ home residential community.
• Responsible for in excess of $75,000 in apartment leasing sales
• Developed relationships enhancing satisfaction and increasing resident retention.
EDUCATION & LICENSES
University of Michigan – Ann Arbor, MI
BA of Liberal Arts & Science – 2004
Real Estate License – States of Illinois and New York
NOTE:
The information contained on this web site has been obtained from
sources we believe to be reliable, but we make no representations,
expressed or implied, as to the accuracy of the information. References
to square footage and age are approximate. Buyer must verify the
information and bears all risk for any inaccuracies.
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