Professional Experience
Melinda Russell has been a specialist in multifamily investment properties in greater Los Angeles for over 20 years. Melinda works closely with her clients in an advisory role, representing their interests by combining her market knowledge with state-of-the-art resources in order to consistently exceed client expectations on presentation and pricing. Her client list includes private investors, high net-worth families and partnerships, pension funds and REIT’s. She is a member of the CBRE Investment Properties focusing on mid/large size assets located mostly in Southern California. She is also a graduate of UCLA and is a member of the UCLA Ziman Real Estate Alumni Group (REAG).
Since 1989, Melinda has been involved in the disposition of over 6,000 units valued in excess of $1.5 billion concentrating on institutional and private party transactions. Melinda has been a consistent "Top Producer" and has been recognized throughout her career as a top broker nationwide as well as one of the “Top Women in Commercial Real Estate” by Real Estate Southern California. Prior to joining CBRE, Melinda worked for Hendricks & Partners for over 10 years as Associate Partner and top 5 producer.
Melinda is highly regarded as an industry expert in the multifamily investment sector, investing all professional time in representing and managing transactions, or analyzing local market conditions for investors. With over 20 years experience and over $1.5 billion in sales transactions and full understanding of her markets, she is well prepared to overcome obstacles in order to maximize sale proceeds. Melinda’s professional expertise coupled with the CBRE platform and database, will offer unsurpassed market knowledge to ensure that all potential investors will be exposed to an offering. While substantiating aggressive pricing and financial assumptions, she consistently meets or exceeds expectations through proactive multi-level marketing campaigns that generate a number of record prices for owners.
Achievements
- Joined CBRE – LA North Office in 2011 as First Vice President (Multifamily)
- Over 20 Years in Multifamily Sales in the Los Angeles Region
- Top 10 Broker Nationwide, Real Estate Southern California (2008)
- Over $100 Million in Sales (2004-2005)
- #3 with Hendricks & Partners Inc. (2001)
- #4 with Hendricks & Partners Inc. (2002)
- #2 Advisor with Hendricks & Partners Advisors (2003)
- Real Estate Southern California “Most Successful Broker” (2005)
- Top Broker in Los Angeles by Real Estate Southern California (Summer 2001)
- Over $90 Million in Apartment Sales Annually Since 2001
- Founded and Managed Capital Commercial’s Multifamily Division (1987-1999)
- Capital Commercial NAI - Top Producer Consistently
- Recognition in Real Estate Southern California “Top Women in Commercial Real Estate” - 2001
Education
-
University of California, Los Angeles; Bachelor of Arts in Economics
Clients
- Alcole Capital Partners
- Christina Development Corp.
- Cigna Real Estate
- Colony Capital AMC
- Davlyn Investments
- Decron Management
- Essex Property Trust
- Fountain Management
- Gardner Management
- Goldrich & Kest
- Griffin Industries
- Hammer Hewson
- J & B Asset Management
- Ken Karasiuk
- Kennedy Wilson
- Nagel Family Trust
- Paul Ling Investments
- Province Group
- Southbrook Equities
- The Lighthouse Group
- The Wolff Companies
Significant Assignments
|
PROPERTY |
CITY |
UNITS |
SALES PRICE |
|
Woodland Apartments |
Ventura |
64 |
$8,200,000 |
|
Bayside Apartments |
San Pedro |
99 |
$13,750,000 |
|
Watch Hill Apartments |
Port Hueneme |
41 |
In Escrow |
|
Ivywood Apartments |
Oxnard |
34 |
In Escrow |
|
Parkwood Apartments |
Tarzana |
52 |
$5,600,000 |
|
Parkside Villas |
Tarzana |
52 |
$6,000,000 |
|
Oak Tree Apartments |
Simi Valley |
94 |
$14,400,000 |
|
Surfside Apartments |
Port Hueneme |
15 |
$2,450,000 |
|
Morrison Apartments |
North Hollywood |
48 |
$8,900,000 |
|
Simpson Village |
North Hollywood |
44 |
$5,800,000 |
|
Tarzana Courtyard |
Tarzana |
52 |
$6,100,000 |
|
Tropicanyon |
Los Angeles |
20 |
$3,850,000 |
|
Canoga Plaza |
Canoga Park |
52 |
$6,775,000 |
|
Edgewood Apartments |
Oxnard |
18 |
$2,205,000 |
|
Villas at Arbor Creek |
La Habra |
242 |
$40,000,000 |
|
Essex West Coast Portfolio (12 property) |
Southern CA |
1,446 |
$750,000,000 |
|
The Villas as Rancho Palos Verdes |
Rancho Palos Verdes |
216 |
$50,000,000 |
|
The Sea Castle |
Santa Monica |
178 |
$48,000,000 |
|
Chateau Toluca |
Toluca Lake |
145 |
$32,500,000 |
|
Club de la Playa |
Playa del Rey |
292 |
$29,000,000 |
|
Plaza del Sol |
Santa Ana |
196 |
$25,000,000 |
|
Tara Village |
Tarzana |
168 |
$20,000,000 |
|
Park Place |
Santa Ana |
196 |
$18,500,000 |
|
Sycamore Villas |
Hollywood |
78 |
$10,600,000 |
|
Clybourne Village |
North Hollywood |
88 |
$9,000,000 |
|
Chateau Camarillo |
Toluca Lake |
48 |
$7,250,000 |
|
Park Place Apartments |
Canoga Park |
61 |
$6,925,000 |
|
Otsego Villas |
North Hollywood |
40 |
$6,700,000 |
|
Hansen Heights |
Pacoima |
62 |
$6,500,000 |
|
The Laurel Apartments |
West Los Angeles |
34 |
$5,700,000 |
|
Tarzana Courtyard |
Tarzana |
52 |
$5,600,000 |
|
Tarzana Terrace |
Tarzana |
31 |
$4,300,000 |
|
Monterra Del Mar |
Pasadena |
122 |
$8,800,000 |
|
Park Murietta |
Sherman Oaks |
33 |
$12,325,000 |