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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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/1/2021 | $37.00 → $40.00 | Underweight | Wells Fargo |
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
IPA Capital Markets, a division of Marcus & Millichap (NYSE:MMI), specializing in capital markets services for major private and institutional clients has secured $110 million in joint venture equity and agency financing for the acquisition of Canfield Park at Fairfield Metro, two adjacent multifamily properties located in Bridgeport, Connecticut. Built in 2023, the properties feature a combined 300 units and are located near the local transit station in Bridgeport's Black Rock neighborhood. The New York-based IPA Capital Markets team of Marko Kazanjian, Max Herzog, Andrew Cohen and Max Hulsh secured agency financing on behalf of their client, a new joint venture between an institutional i
Marcus & Millichap (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of an 11-property Courtyard Hotel portfolio in Illinois, Ohio, Alabama, Arkansas, Virginia, Kentucky, and Oklahoma. The portfolio sold for $101 million. "During this period of market uncertainty, we successfully connected multiple buyers with their respective lenders to fulfill the portfolio closing requirements for the seller, with minimal contingencies and securing non-refundable earnest money," said Ebrahim Valliani, first vice president investments in Marcus & Millichap's Chicago Oak Brook office. "We delive
SC 13G/A - Marcus & Millichap, Inc. (0001578732) (Subject)
SC 13G - Marcus & Millichap, Inc. (0001578732) (Subject)
SC 13G/A - Marcus & Millichap, Inc. (0001578732) (Subject)
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
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
10-Q - Marcus & Millichap, Inc. (0001578732) (Filer)
8-K - Marcus & Millichap, Inc. (0001578732) (Filer)
10-Q - Marcus & Millichap, Inc. (0001578732) (Filer)
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
IPA Capital Markets, a division of Marcus & Millichap (NYSE:MMI), specializing in capital markets services for major private and institutional clients, announced the $72.24 million refinance of La Vista City Centre, a growing master-planned multifamily, office and retail development in La Vista, Nebraska. Frank Montalto, IPA Capital Markets managing director based in the firm's Chicago office, secured the financing on behalf of City+Ventures, a Nebraska-based investment and development company that partnered with the City of La Vista beginning in 2015 for the development of the community.
Marcus & Millichap (NYSE:MMI) reported quarterly losses of $(0.26) per share which beat the analyst consensus estimate of $(0.28) by 7.14 percent. This is a 73.33 percent decrease over losses of $(0.15) per share from the same period last year. The company reported quarterly sales of $129.10 million which beat the analyst consensus estimate of $127.50 million by 1.26 percent. This is a 16.60 percent decrease over sales of $154.79 million the same period last year.
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), announced today the sale and financing of Alta Chandler at The Park, a 291-unit mid-rise multifamily asset in Chandler, Arizona. The property traded for $94.5 million, which represents $324,742 per unit. IPA Capital Markets arranged $52 million in acquisition financing.