For as long as Marc Menowitz can remember, real estate has played an integral role in his life. In fact, one could even say that the industry’s core principles run through his blood. The grandson of Harold Menowitz, a renowned real estate developer who took a large stake of New York City’s properties in the early 1900s, Marc was exposed to the importance of a strong work ethic at a very young age.
When his father, Frederick, took up the operations of Harold’s company, Menowitz Management, he expanded their development efforts to a national scale. Now under the purview of Marc and his brother, Todd, Menowitz Management has been rebranded to ApartmentCorp so as to appeal to the broader markets these brothers are continually working to expand into.
The CEO of ApartmentCorp, Marc Menowitz also serves as a Real Estate Broker and Investor for the company, through which he is able to personally connect with clients, discover precisely what they are looking for in a home, and formulate a plan that he executes and sees through to fruition. As it stands, ApartmentCorp owns and manages over 21,000 multi-family units and nearly 5,000,000 square feet of commercial real estate nationwide, and employs over 1,000 individuals across 23 states.
Most recently, ApartmentCorp expanded its reach into affordable housing, which is considered to be a dire need in the Los Angeles area and beyond. As such, Marc Menowitz and his brother have developed specialties in affordable and value-added real estate acquisitions, which has enabled them to concentrate their efforts on developing project-based Section 8 housing and properties that are developed in accordance with Low-Income Housing Tax Credit (LIHTC).
Marc Menowitz earned his MBA from the University of Southern California, and possesses inimitable expertise in the realms of factory, field, and service automation. As such, he has worked to incorporate a number of efficiencies into ApartmentCorp’s business model, and was recognized as the first in his field to apply automation tracking to the company’s applications and operations.
Due to the success of this venture, Marc is consistently seeking new and innovative methods of improving ApartmentCorp’s operations across the board, as doing so enables the team to focus on the larger mission: further expanding the company’s multi-family portfolio nationwide.
Should you be interested in learning more about Marc Menowitz and his expertise in the real estate industry, be sure to visit his blog page regularly!