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George Marcus
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| George Marcus | |
 | |
| Basic facts | |
| Organization: | Marcus & Millichap Inc. |
| Role: | Co-Founder |
| Location: | California |
| Education: | San Francisco State University |
| Website: | Official website |
As of 2016, George Marcus was a businessman in California whose career centered on real estate development and banking. He was a co-founder of Marcus & Millichap Inc. and the founder of Essex Property Trust Inc.[1][2]
Career
Marcus graduated from San Francisco State University with a B.S. in economics in 1965. He also graduated from both the Harvard Business School of Owners/President Management Program and the Georgetown University Leadership Program.[1]
Marcus co-founded Marcus & Millichap Inc. and founded Essex Property Trust Inc. Both companies managed real estate and apartment complexes. As of 2016, he was the director of Marcus & Millichap Inc. and has served as its co-chairman since 1971. Marcus founded The Marcus & Millichap Company and co-founded SummerHill Apartment Communities, Inc., where he served as Chairman, in 2001. He was a presiding Independent Director at Essex Property Trust Inc. Marcus was also one of the founders of Directors of Plaza Commerce Bank and has served as independent director of Greater Bay Bancorp. From 1987 to 1998, Marcus served as a director of Mid-Peninsula Bank.[1][2]
As of 2016, Marcus was a member of the Board of Regents of The University of California, the Real Estate Roundtable, and the Policy Advisory Board of U.C. Berkeley Center for Real Estate and Urban Economics.[1][5]
Political activity
Federal contributions
The Center for Responsive Politics listed Marcus as one of the top 50 donors for the 2016 federal election cycle. As of October 2016, Marcus spent a total of $3,171,100 in contributions related to federal elections. Of those contributions, $2.3 million went to political action committees, including the House Majority PAC, Senate Majority PAC, and American Bridge 21st Century. As of 2016, Marcus contributed primarily to Democratic and liberal causes.[6][7][8]
California contributions
The California Secretary of State listed Marcus as a major donor within California politics. During the 2016 election cycle, Marcus contributed $527,450. Along with giving to a number of city council candidates, legislative candidates, and California Lieutenant Governor Gavin Newsom, Marcus gave his largest statewide contribution of 2016, $250,000, in support of California Proposition 63, Background Checks for Ammunition Purchases and Large-Capacity Ammunition Magazine Ban (2016).[9]
Ballot measure activity
Overview of ballot measure support and opposition
The following table details Marcus' ballot measure stances available on Ballotpedia:
| Ballot measure support and opposition for George Marcus | |||
|---|---|---|---|
| Ballot measure | Year | Position | Status |
| California Proposition 63, Background Checks for Ammunition Purchases and Large-Capacity Ammunition Magazine Ban (2016) | 2016 | Supported[4] |  Approved
|
| California Proposition 27, Elimination of Citizen Redistricting Commission | 2010 | Supported |  Defeated
|
| California Proposition 85, Parental Notification for Minor's Abortion | 2006 | Opposed[10] | Defeated
|
Affiliated organizations
Along with his business endeavors, George Marcus was also the president of the George and Judy Marcus Family Foundation, a 501(c)(3) nonprofit organization that contributes to a number of causes, including education, the arts, the Greek Orthodox Church and community, hunger alleviation, and children's charities. As of 2014, the fair market value of the foundation's assets totaled $18,513,938.[11]
Noteworthy events
In 2014, Marcus was honored on the floor of the United States Senate by Senator Harry Reid.[12]
Recent news
The link below is to the most recent stories in a Google news search for the terms 'George Marcus'. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.
See also
- California
- California Proposition 63, Background Checks for Ammunition Purchases and Large-Capacity Ammunition Magazine Ban (2016)
External links
Footnotes
- ↑ 1.0 1.1 1.2 1.3 Bloomberg, "George M. Marcus," accessed September 9, 2016
- ↑ 2.0 2.1 Bloomberg, "Bay Area Broker Becomes Billionaire on Sub $10 Million Listings," June 1, 2015
- ↑ California Secretary of State, "Full text," accessed January 6, 2016
- ↑ 4.0 4.1 California Fair Political Practices Commission, "November 2016 General Election," August 16, 2016
- ↑ Marcus and Millichap Inc. "George M. Marcus," accessed September 9, 2016
- ↑ Open Secrets, "Top Individual Contributors: All Federal Contributions," accessed October 26, 2016
- ↑ Open Secrets, "Top Individual Contributors to Super PACS," accessed October 27, 2016
- ↑ Open Secrets, "Marcus, George M.: Donor Detail," accessed October 27, 2016
- ↑ California Secretary of State, "Marcus, George M.; and affiliated entities," accessed October 27, 2016
- ↑ Follow the Money, "Donors to No on 85," accessed September 30, 2016
- ↑ Guidestar, "George and Judy Marcus Family Foundation, IRS Form 990, 2014," accessed October 27, 2016
- ↑ Congress.gov, "Congressional Record, December 12, 2014," accessed October 27, 2016
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