Millburn & Company is a privately held real estate investment firm based in Salt Lake City, Utah.
The Millburn & Company portfolio consists of more than 5,000 multifamily units distributed across the Western United States, with a total market value in excess of $850 Million.
Our strategic approach to identifying, acquiring, and managing properties has consistently generated strong cash flow and solid financial returns for our investors, while providing our residents with a great place to call home.
Our vision is to build, and responsibly operate, a sustainable real estate investment platform that creates an enduring, positive, impact in the lives of our stakeholders (residents, employees and investors), and the communities in which we live in and operate.
Jed founded Millburn & Company in 2010, and serves as a Principal and Chief Executive Officer. Jed has an extensive background in underwriting, acquiring, developing, financing and managing large multifamily properties. To date, Jed has underwritten more than 65,000 multifamily units, and has acquired over 6,000 multifamily units with an aggregate value exceeding $1 Billion. Since founding Millburn & Company in 2010, Jed has successfully raised over $220 Million in capital from private investors, and secured more than $700 Million in debt from a variety of national lenders. In May of 2016, Jed received the prestigious CRE (Counselor of Real Estate) designation — a rare distinction that is limited only to the most respected real estate professionals nationwide. Prior to founding M&C, Jed was a multifamily real estate broker for 11 years. As a broker, he sold more than 13,000 units totaling more than $1.3 Billion in transaction value. During his time as a broker, Jed also served as the Managing Principal of both ARA-Utah and EquiMark Multifamily. Jed graduated from Brigham Young University – Idaho in 2003 with a degree in Business, and enjoys writing, outdoor recreation, snowmobiling, team sports, fly fishing and spending time with his wife and five children.
Sage is a Principal and Chief Investment Officer for M&C. He oversees acquisitions, dispositions, property financing and asset management for the M&C portfolio. During his time with M&C, Sage has played a key role in the acquisition of over 5,000 multifamily units, with an aggregate value exceeding $800 Million. Sage has underwritten more than 45,000 units during his career, and is an expert in multifamily operations. Prior to joining M&C, Sage was a multifamily residential broker for 8 years at ARA-Utah and Equimark Multifamily. As a broker, Sage was integral in transacting more than 7,000 units, worth a combined $700 Million. Sage graduated from the University of Utah with a degree in Business Finance, and enjoys playing basketball, golfing and spending time with his family
Chris joined M&C as a Principal in 2017. Prior to joining M&C, Chris was an active multifamily real estate investor, while serving as President and CEO of HandStands, a diversified global manufacturer of automotive and technology accessories. During his fifteen-year tenure with HandStands, Chris spearheaded the company’s entrance into the car air freshener market; and, under Chris’ leadership, HandStands attained the #1 U.S. market share position. In 2016, following more than a decade of double-digit average annual revenue growth, HandStands was acquired by Energizer Holdings, Inc. (NYSE: ENR) for $340 Million. Chris is a Summa Cum Laude Economics graduate of Westminster College, and enjoys flying, boating, snow skiing, snowmobiling and spending time with his wife and three children.
Shelly joined M&C as a Principal in 2017. He is also a member of M&C’s Advisory Board. After an adventurous career spanning more than three decades that included the creation, building and sale of three companies in the data processing and online information spaces, Shelly transitioned to full time real estate investing in 2011. Since that time he has built up holdings in numerous M&C properties. Shelly’s portfolio also includes over a dozen multi family assets in his home state of Texas. Shelly is a seasoned entrepreneur and businessman who brings an amazing background of business acumen, analytical thinking and strategic planning. Shelly’s responsibilities at M&C include deal vetting, market research, and investor relations. Shelly has a degree in Computer Science from USC and an MBA in Finance and New Ventures from MIT’s Sloan School of Management. Shelly is married with two daughters and his passions include the love for independent cinema, indulging in eclectic reading and extensive foreign travel.
Jake is a Principal and Vice President of M&C. His primary duties include underwriting, securing new acquisitions, performing due diligence and assisting in asset management. Jake is an expert at underwriting multifamily
properties, and has underwritten over 30,000 units since joining M&C in 2013. In the Fall of 2016, Jake was recognized by Utah Business Magazine as one of the top 20 executives in the State of Utah, under the age of 30. Prior to joining M&C in 2013, Jake worked as an analyst for Thompson Michie Equities, a Salt Lake City, Utah based multifamily investment firm. During his time at Thompson Michie, Jake assisted in the acquisition of over 2,000 units and the disposition of more than 2,500 units. Jake graduated from the University of Utah with a degree in Business Finance, and enjoys snowmobiling, mountain biking, BBQ and spending time with his family.
Garrett serves as Controller at M&C, and is responsible for investor reporting and all internal accounting. Prior to joining M&C in 2015, Garrett was a senior accounting manager for a Fortune 1000 company, where he was actively engaged with the company’s mergers and acquisition activity, along with the day-to-day accounting functions of the business. Prior to that, Garrett spent six years with Ernst & Young as an audit manager. During his time with E&Y, Garrett managed the audit of several real estate firms, technology companies and multinational corporations. Garrett is a licensed CPA and holds a B.S. in Business Management–Finance from Brigham Young University, as well as a Masters of Accounting from the University of Virginia. Garrett enjoys spending time in the mountains, either in the trees or on the slopes, with his wife and four children.
Cannon joined M&C in October of 2016, and helps oversee asset management for M&C’s 5,000 unit portfolio. Cannon has over 12 years of experience managing multifamily and commercial real estate across the United States. Cannon started his real estate career in the New York City and Washington DC areas, assisting investors and owners with developing, managing, and stabilizing their portfolios. Prior to joining M&C, Cannon worked for a well-respected Utah-based real estate development company. Cannon holds a Master’s Degree in Real Estate, with an emphasis in Strategic Real Estate Management, from New York University. He also holds a Bachelor of arts degree in Economics from the City University of New York. Cannon is an avid hiker and enjoys exercising, reading and spending time with his wife and four children.
Marcus joined M&C in early 2017. He comes to us with a diverse background of both business and real estate experience. He has a JD from Arizona State University and practiced real estate law for three years. Marcus also holds a degree in Finance from Brigham Young University. In addition to his real estate background, Marcus has also served as either CEO or Executive Vice President of three businesses that were successfully sold. As a result he generated significant profits for the shareholders. He has also worked on multiple executive management teams where his primary focus has been direct to consumer marketing, revenue growth, and increasing overall investor returns by improving operational efficiency. In his free time, Marcus can be found on the sideline of youth soccer games, running, biking, skiing or watching movies with his wife and four children
Ben joined M&C as an associate in March 2017. His primary duties include underwriting, securing acquisitions, and performing due diligence. Prior to joining M&C Ben was a manager on the finance team at a privately-held world class ski resort. Earlier in his career, Ben worked for Deloitte & Touche in San Francisco where he served clients in the investment management, energy, retail, and nonprofit industries. Ben is a Magna Cum Laude Accounting graduate from Brigham Young University – Hawaii, and enjoys spending time with his family, cooking, snow skiing, waterskiing, hiking and surfing.