About Us

Company Overview

Millburn & Company is a privately held real estate investment firm based in Salt Lake City, Utah. Since 2010, M&C has acquired 12,000+ apartment units valued at over $3 billion.

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.

Executive Team

Jed Millburn, Founding Principal and CEO

Jed Millburn, Founding Principal and CEO

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 acquired over 12,000 multifamily units with an aggregate value exceeding $3 billion. Since founding Millburn & Company in 2010, Jed has successfully raised more than $700 million in capital from private investors and secured more than $1.3 billion in financing 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 Sawyer, Principal and CIO

Sage Sawyer, Principal and CIO

Sage is a Principal and Chief Investment Officer for M&C. He oversees acquisitions and dispositions for the M&C portfolio. During his time with M&C, Sage has overseen the acquisition of 10,000+ multifamily units, with an aggregate value exceeding $2 billion. He has also overseen the disposition of 4,000+ units. Sage has underwritten more than 65,000 units during his career and is an expert in acquisitions and 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.

Rick Lifferth, Principal and CFO

Rick Lifferth, Principal and CFO

Rick is the Chief Financial Officer for M&C. He oversees all accounting, banking activity, and investor reporting for M&C and all its affiliated companies. With nearly 20 years of experience as a Certified Public Accountant, Rick has an extensive background in tax, accounting, finance, and reporting. Rick graduated from the University of Utah with a Masters in Accounting and began his career working for Arthur Andersen in San Francisco, CA. His primary focus was tax and accounting work for large energy and private equity investment groups headquartered in the Bay Area. Prior to joining M&C, Rick was the CFO for Ivory Homes, Utah’s largest single-family homebuilder. During his ten-year employment with Ivory, Rick oversaw all banking, audit, accounting, reporting, and structuring functions for the company along with helping to manage the construction of over 7,500 single-family homes and 2,500 apartment units. Rick enjoys mountain biking, running, reading, hiking, and spending time with his very active family.

Jake Millburn, Principal and Executive Vice President

Jake Millburn, Principal and Executive Vice President

Jake is a Principal and Executive Vice President at M&C. His primary duties include underwriting, financing, securing new acquisitions, performing due diligence and assisting in asset management. Jake is an expert at underwriting and has been integral in the acquisition of 9,000+ multifamily units and the disposition of 3,000+ multifamily units. He is also an expert in financing multifamily properties and has overseen the financing of more than $1 billion in multifamily loans. Prior to joining M&C, 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.

Jessica Barron Barton, Principal and COO

Jessica Barron Barton, Principal and COO

Jessica is a Principal and Chief Operating Officer for M&C. She oversees Asset Management for M&C’s 8,500+ portfolio. She has an extensive background in commercial real estate lending, finance, underwriting, valuation, and market analysis. Prior to joining M&C, Jessica was with Wells Fargo Commercial Real Estate for nearly 10 years and was responsible for the origination and/or restructuring of over $1 billion in commercial real estate loans (balance sheet and permanent) — with an emphasis on multifamily loans. During her tenure, she was a Vice President and served as the Relationship Manager (on behalf of the bank) for the largest owner and operator of multifamily properties in the United States. Jessica earned a B.S. in Finance with a Minor in Accounting and a Master of Real Estate Development from Clemson University. Away from the office, Jessica enjoys cheering on her Clemson Tigers to another national championship with her husband Peter, traveling extensively, anything outdoors, and spending time with her Old English Sheepdog Winnie.

Shailendra "Shelly" Krishna, Principal and Senior Advisor

Shailendra

Shelly is a Principal and Senior Advisor for M&C. 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 multifamily 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.

Chris Anderson, Principal and Senior Advisor

Chris Anderson, Principal and Senior Advisor

Chris is a Principal and Senior Advisor for M&C. 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 family.

Advisory Board

Christopher Anderson

Christopher Anderson

In addition to serving on M&C’s Advisory Board, Chris also serves as a Principal and Senior Advisor of the Company. Prior to joining M&C, Chris was an active multifamily real estate investor. He previously served as the 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. He enjoys flying, boating, snow skiing, snowmobiling, and spending time with his family.

G. Andrew Barfuss

G. Andrew Barfuss

Andy is the managing member of Ridgewood Management, Inc., a Utah-based private equity company. His career has been focused in the fields of private equity, business education, real estate, construction, internet sales and marketing, publishing, software, telecommunications, merchant banking, furniture retail, and philanthropy. His real estate endeavors include ownership and development of multiple properties in the office, residential, raw land, industrial and multi-family sectors. Andy and his wife Julie are the parents of seven children.

Jordan Clements

Jordan Clements

Jordan is a partner at Rock Creek Capital. Jordan began his investment career in 1995 when he became the managing partner of a start-up private equity firm in Salt Lake City. He led that firm through multiple funds until 2010. Jordan has served on numerous boards of directors including Energy Solutions, 3form, Diamond Rental, Packsize, and Instashred. Earlier in his career, Jordan was a partner at a San Francisco Bay area law firm where he practiced corporate and business law advising high growth, privately held businesses. He holds a J.D. degree from the J. Reuben Clark Law School and a bachelor’s degree from Brigham Young University. He and his wife Julie are the parents of five daughters and reside in Salt Lake City, Utah.

Shailendra "Shelly" Krishna

Shailendra

In addition to serving on M&C’s Advisory Board, Shelly also serves as a Principal and Senior Advisor of the Company. 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 full time to 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 multifamily 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.

Mark B. Millburn

Mark B. Millburn

Mark is a 45-year veteran of the commercial real estate industry. He has been actively engaged in the multifamily sector as a principal, consultant, and broker and has transacted over 70,000 units (totaling more than $6 billion) located within 38 cities in the United States. Mark’s client focus has been primarily with public and private institutional firms and private equity groups. He currently holds the prestigious CRE designation and has done so for over 24 years. He is one of the most respected multifamily experts and practitioners in the country.

Barrett Peterson

Barrett Peterson

Barrett is the CFO and VP of Real Estate Development for Peterson Development Company and Principal Broker for Peterson Homes. Over the years, Peterson Development has built and developed retail, office, medical clinics, apartment buildings, and residential building lots throughout the western United States. Peterson Homes has built single-family homes and townhomes in many areas of Utah in several master planned communities. Barrett holds a BA in Political Science from Duke University and Master of Real Estate Development from M.I.T.

Kelly Walker

Kelly Walker

In addition to his experience building successful businesses, Kelly brings over 12 years of real estate investment experience through his significant ownership in over 20 apartment communities across the country. He currently serves as the CEO of Solcius, a solar company he founded in 2014. Prior to Solcius, Kelly co-founded Pinnacle Securities in 2001 and served as CEO for a number of years. During Kelly’s tenure with the company, Pinnacle became the 10th largest alarm company in the nation and partnered with Golden Gate Capital, a San Francisco based private equity firm, in 2011 before selling to Protection 1 in 2013. Kelly enjoys hiking, fishing, hunting, watersports, and spending time with his wife and kids.