Marcus & Millichap, Inc., an investment brokerage company, provides real estate investment brokerage and financing services to sellers and buyers of commercial real estate in the United States and Canada. The company offers commercial real estate investment sales, financing, research, and advisory services for multifamily, retail, office, industrial, single-tenant net lease, seniors housing, self-storage, hospitality, medical office, and manufactured housing. It also operates as a financial intermediary that provides commercial real estate capital markets solutions, including senior debt, mezzanine debt, joint venture, and preferred equity, as well as loan sales and consultative/due diligence services to commercial real estate owners, developers, investors, and capital providers. In addition, the company provides various ancillary services, including research, advisory, and consulting services to developers, lenders, owners, real estate investment trusts, high net worth individuals, pension fund advisors, and other institutions. Marcus & Millichap, Inc. was founded in 1971 and is headquartered in Calabasas, California.
IPO Year: 2013
Exchange: NYSE
Website: marcusmillichap.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/1/2021 | $37.00 → $40.00 | Underweight | Wells Fargo |
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), announced today the sale and financing of Summerwood Apartments, a 468-unit multifamily property located at 444 Saratoga Avenue in Santa Clara, California. The property sold for $203,150,000. IPA executive managing directors Philip Saglimbeni, Stanford Jones, Salvatore Saglimbeni, and senior director Alexander Tartaglia represented the seller, DWS, and procured the buyer, Interstate Equities Corporation. The Los Angeles-based IPA Capital Markets team of Brian Eisendrath, Cameron Chalfant, Jake Vitta, and Jesse Zarouk secured $127,819,000 in agency financing on behalf of Interstate Equities Corporation (IEC
Marcus & Millichap, Inc. (the "Company", "Marcus & Millichap", or "MMI") (NYSE:MMI), a leading national real estate services firm specializing in commercial real estate investment sales, financing, research and advisory services, reported its third quarter results today. Third Quarter 2024 Highlights Compared to Third Quarter 2023 Total revenue of $168.5 million, compared to $162.0 million Brokerage commissions of $142.0 million, compared to $139.8 million Private Client Market brokerage revenue of $87.5 million, compared to $91.5 million Middle Market and Larger Transaction Market brokerage revenue of $49.3 million, compared to $42.8 million Financing fees of $20.6 million, comp
Marcus & Millichap, Inc. (NYSE:MMI), a leading national brokerage firm specializing in commercial real estate investment sales, financing and research and advisory services, announced today it will report its financial results for the third quarter ended September 30, 2024 on Friday, November 8, 2024, before the market open. The Company will host a webcast and a conference call the same day to discuss the results at 10:30 a.m. Eastern Time. The call will be hosted by Hessam Nadji, President and Chief Executive Officer and Steve DeGennaro, Chief Financial Officer. WEBCAST INFORMATION A live webcast of the call will be accessible through the Investor Relations section of Marcus & Millichap
Marcus & Millichap, Inc. (the "Company", "Marcus & Millichap", or "MMI") (NYSE:MMI), a leading national real estate services firm specializing in commercial real estate investment sales, financing, research and advisory services, reported its second quarter results today. Second Quarter 2024 Highlights Compared to Second Quarter 2023 Total revenue of $158.4 million, compared to $162.9 million Brokerage commissions of $135.4 million, compared to $140.3 million Private Client Market brokerage revenue of $84.8 million, compared to $96.2 million Middle Market and Larger Transaction Market brokerage revenue of $45.3 million, compared to $39.4 million Financing fees of $18.3 milli
Marcus & Millichap Inc. (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today that its Board of Directors has declared a regular semi-annual dividend of $0.25 per share, or approximately $10.2 million. The dividend will be payable on October 4, 2024 to shareholders of record as of the close of business on September 16, 2024. Any and all future dividends are subject to review and approval by the Board of Directors. About Marcus & Millichap, Inc. Marcus & Millichap, Inc. is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advi
Marcus & Millichap, Inc. (NYSE:MMI), a leading national brokerage firm specializing in commercial real estate investment sales, financing and research and advisory services, announced today it will report its financial results for the second quarter ended June 30, 2024 on Wednesday, August 7, 2024, before the market open. The Company will host a webcast and a conference call the same day to discuss the results at 10:30 a.m. Eastern Time. The call will be hosted by Hessam Nadji, President and Chief Executive Officer and Steve DeGennaro, Chief Financial Officer. WEBCAST INFORMATION A live webcast of the call will be accessible through the Investor Relations section of Marcus & Millichap
Marcus & Millichap, Inc. (the "Company", "Marcus & Millichap", or "MMI") (NYSE:MMI), a leading national real estate services firm specializing in commercial real estate investment sales, financing, research and advisory services, reported its first quarter results today. First Quarter 2024 Highlights Compared to First Quarter 2023 Total revenue of $129.1 million, compared to $154.8 million Brokerage commissions of $109.5 million, compared to $135.0 million Private Client Market brokerage revenue of $73.2 million, compared to $90.5 million Middle Market and Larger Transaction Market brokerage revenue of $31.5 million, compared to $39.5 million Financing fees of $14.4 million,
Marcus & Millichap, Inc. (NYSE:MMI), a leading national brokerage firm specializing in commercial real estate investment sales, financing and research and advisory services, announced today it will report its financial results for the first quarter ended March 31, 2024 on Wednesday, May 8, 2024, before the market open. The Company will host a webcast and a conference call the same day to discuss the results at 10:30 a.m. Eastern Time. The call will be hosted by Hessam Nadji, President and Chief Executive Officer and Steve DeGennaro, Chief Financial Officer. WEBCAST INFORMATION A live webcast of the call will be accessible through the Investor Relations section of Marcus & Millichap's
Marcus & Millichap, Inc. (the "Company", "Marcus & Millichap", or "MMI") (NYSE:MMI), a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services, today reported financial results for the fourth quarter and the year ended December 31, 2023. Fourth Quarter 2023 Highlights Compared to Fourth Quarter 2022 Total revenue of $166.2 million, compared to $262.4 million Brokerage commissions of $144.6 million, compared to $235.8 million Private Client Market brokerage revenue of $94.8 million, compared to $145.6 million Middle Market and Larger Transaction Market brokerage revenue of $44.1 million, compared to $85.1
Marcus & Millichap Inc. (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today that its Board of Directors has declared a regular semi-annual dividend of $0.25 per share, or approximately $10.1 million. The dividend will be payable on April 5, 2024 to shareholders of record as of the close of business on March 12, 2024. Any and all future dividends are subject to review and approval by the Board of Directors. About Marcus & Millichap, Inc. Marcus & Millichap, Inc. is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory s
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4 - Marcus & Millichap, Inc. (0001578732) (Issuer)
4 - Marcus & Millichap, Inc. (0001578732) (Issuer)
4 - Marcus & Millichap, Inc. (0001578732) (Issuer)
4 - Marcus & Millichap, Inc. (0001578732) (Issuer)
4 - Marcus & Millichap, Inc. (0001578732) (Issuer)
4 - Marcus & Millichap, Inc. (0001578732) (Issuer)
4 - Marcus & Millichap, Inc. (0001578732) (Issuer)
4 - Marcus & Millichap, Inc. (0001578732) (Issuer)
4 - Marcus & Millichap, Inc. (0001578732) (Issuer)
Wells Fargo reiterated coverage of Marcus & Millichap with a rating of Underweight and set a new price target of $40.00 from $37.00 previously
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20-Year Industry Veteran to Lead Investment Sales for the Mountain region Graystone Capital Advisors, a leading investment sales brokerage, has announced the arrival of Richard Bird as Executive Vice President. In his new role, Bird will focus on investment properties, including self-storage and infill development land sales in the region, drawing on his extensive network to enhance client outcomes and support the firm's strategic growth in the mountain states. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241202003794/en/Richard Bird (Photo: Business Wire) With a diverse background covering all verticals of commercial real e
Marcus & Millichap (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced today the hiring of chief people officer Jan Coonley. Coonley will be responsible for overseeing all aspects of the company's human resources activities, including systems, employee engagement, performance enhancement, talent retention and acquisition, skills and leadership development, and diversity, equity and inclusion. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240610843717/en/Jan Coonley, Marcus & Millichap (Photo: Business Wire) "Jan's deep experience in
VANCOUVER, BC, June 4, 2024 /CNW/ - RESAAS Services Inc. ("RESAAS") (TSXV:RSS) (OTCQB:RSASF), a leading provider of technology solutions for the real estate industry, today announced the appointment of James Huang to the role of Managing Director of Commercial Real Estate at RESAAS. Mr. Huang previously served as President of eXp Commercial, where, since 2020, he started and grew their Commercial division. Prior to eXp Commercial, Mr. Huang was President of Sperry Commercial Global Affiliates, where he led the company's expansion across more than 20 states and into multiple co
Marcus & Millichap (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today it has made an equity investment in EquityMultiple, a New York-based real estate financing and investment technology platform. The partnership will provide sponsors and operators supplemental private capital financing sources and give accredited investors streamlined access to unique real estate equity and credit opportunities. "Our investment in EquityMultiple allows MMI to be part of a leading innovative technology platform that further expands our array of capital sources and solutions and creates synergies to facili
Marcus & Millichap, Inc. (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the hiring of Biran Patel as senior vice president and national director of the firm's hospitality division. Patel will be responsible for overseeing the hospitality division, which focuses exclusively on providing investment advisory and transaction services for hospitality, lodging, resort, marina, and golf properties. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220131005349/en/Biran Patel (Photo: Business Wire) J.D. Parker, executive vice president
Appoints Collete English Dixon to Board of Directors Marcus & Millichap, Inc. (the "Company", "Marcus & Millichap", "MMI") (NYSE:MMI), a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services, today announced that it has expanded the Board of Directors with the election of Ms. Collete English Dixon, effective November 2, 2021. She will also serve as a member of the Board's Nominating & Corporate Governance Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211104006295/en/Collete English Dixon (Photo: Business Wire) George Marcus, Marcus & Millich
IPA Capital Markets, a division of Marcus & Millichap (NYSE:MMI) specializing in capital markets services for major private and institutional clients, has secured $174 million in joint venture equity and debt financing for the acquisition of 55 Riverwalk Place, a 348-unit multifamily property located in West New York, New Jersey. Built in 2006, the property is located adjacent to the Hudson River, directly across from Manhattan. The New York-based IPA Capital Markets team of Marko Kazanjian, Max Herzog, Andrew Cohen and Max Hulsh arranged acquisition financing with Bank of America on behalf of their client, a new joint venture between a NYC-based multifamily owner/operator focused on acqu
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), announced today the sale of La Vista Apartments, a 460-unit multifamily asset in Santa Maria, California. The $116 million sales price equates to $252,174 per unit. The property is the largest multifamily asset ever sold in Santa Barbara County by number of units and sales price, breaking a record previously set by IPA. "The fastest-growing city in Santa Barbara County, Santa Maria is in the midst of a dynamic growth period with surging housing demand," said Joseph Grabiec, IPA executive managing director investments. "It is estimated that the city's population will grow 27% between 2024 and 2050, and duri
Marcus & Millichap (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Chelsea Collection, a 13-property multifamily portfolio of 147 units in New York City's Chelsea neighborhood. The portfolio traded for $94.5 million, representing one of the most notable multifamily sales in Chelsea this year. "Portfolios of this nature rarely trade in New York, and this was the fourth portfolio transaction we closed in the last 12 months with assumable financing," said Joe Koicim, based in Marcus & Millichap's Manhattan office. "The Chelsea Collection is comprised of quality multifamily asset
Marcus & Millichap (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, in association with Northeast Retail, announced the sale of 31 net lease properties anchored by Town Fair Tire. The portfolio sold for $88,505,802. Marcus & Millichap senior managing director James Koury and senior associate Alex Quinn, in association with Dan Plotkin of Northeast Retail, exclusively represented the estate of Town Fair Tire's founder, Neil Mellen. Koury and Quinn also procured the buyer, Orion Buying Corp. "The portfolio consists of identical, absolute net leases with Town Fair Tire, the Northeast's dominant retailer
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), announced today the sale and financing of Summerwood Apartments, a 468-unit multifamily property located at 444 Saratoga Avenue in Santa Clara, California. The property sold for $203,150,000. IPA executive managing directors Philip Saglimbeni, Stanford Jones, Salvatore Saglimbeni, and senior director Alexander Tartaglia represented the seller, DWS, and procured the buyer, Interstate Equities Corporation. The Los Angeles-based IPA Capital Markets team of Brian Eisendrath, Cameron Chalfant, Jake Vitta, and Jesse Zarouk secured $127,819,000 in agency financing on behalf of Interstate Equities Corporation (IEC
20-Year Industry Veteran to Lead Investment Sales for the Mountain region Graystone Capital Advisors, a leading investment sales brokerage, has announced the arrival of Richard Bird as Executive Vice President. In his new role, Bird will focus on investment properties, including self-storage and infill development land sales in the region, drawing on his extensive network to enhance client outcomes and support the firm's strategic growth in the mountain states. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241202003794/en/Richard Bird (Photo: Business Wire) With a diverse background covering all verticals of commercial real e
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), announced today the sale of three multifamily assets totaling 557 units in Tacoma, Washington for $102.6 million. The properties are Monterra, Miramonte, and Heatherstone Apartments. "Located in a multifamily market with one of the largest housing imbalances in the nation, these acquisitions provide the buyers with opportunity to capitalize on embedded rental and operational upside," said Giovanni Napoli, IPA executive director. Napoli and IPA's Philip Assouad, Ryan Harmon, Nick Ruggiero, and Anthony Palladino represented the seller, Goodman Real Estate and procured the buyer, American Capital Group. The
Marcus & Millichap (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the hiring of Ian Grusd. In his new role, Grusd will focus on expanding Marcus & Millichap's national Auction Services team with Northeast-based clients selling properties throughout the country. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241119977484/en/Ian Grusd (Photo: Business Wire) "Ian is an extremely well-respected industry leader known for his expertise and passion for commercial real estate," said Jim Palmer, who leads Marcus & Millichap's Auction
Marcus & Millichap, Inc. (the "Company", "Marcus & Millichap", or "MMI") (NYSE:MMI), a leading national real estate services firm specializing in commercial real estate investment sales, financing, research and advisory services, reported its third quarter results today. Third Quarter 2024 Highlights Compared to Third Quarter 2023 Total revenue of $168.5 million, compared to $162.0 million Brokerage commissions of $142.0 million, compared to $139.8 million Private Client Market brokerage revenue of $87.5 million, compared to $91.5 million Middle Market and Larger Transaction Market brokerage revenue of $49.3 million, compared to $42.8 million Financing fees of $20.6 million, comp
IPA Capital Markets, a division of Marcus & Millichap (NYSE:MMI), specializing in capital markets services for major private and institutional clients has secured a $63 million loan for the refinance of Muir Lake Apartments, located on Avery Ranch Boulevard in the Austin suburb of Cedar Park, Texas. Built in 2014, the property features 332 garden-style units spread across 46 acres. The New York-based IPA Capital Markets team of Marko Kazanjian, Max Herzog, Andrew Cohen, and Max Hulsh secured the financing with LoanCore Capital. "Our team successfully secured a refinancing for our client in a challenging market, allowing them further duration to execute their business plan," said Kazanjian