Institutional Property Advisors (IPA), a specialized division of Marcus & Millichap (NYSE:MMI) dedicated to serving the company's institutional clients, announced today that Rob LeDoux has joined IPA as a senior director in Palo Alto, California. LeDoux will broker multifamily investment property transactions on behalf of institutional and major private clients in partnership with the IPA Northern California team of Philip Saglimbeni, Salvatore Saglimbeni, Stan Jones, and Alex Tartaglia. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250507179765/en/Rob LeDoux "IPA has built and maintained a decades-long dominant market share pos

Revenue growth of 12.3% in the First Quarter 2025 compared to First Quarter 2024. 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 financial results today. First Quarter 2025 Highlights Compared to First Quarter 2024 Total revenue of $145.0 million, compared to $129.1 million Brokerage commissions of $123.6 million, compared to $109.5 million Private Client Market brokerage revenue of $77.7 million, compared to $73.2 million Middle Market and Larger Transaction Market brokerag

Marcus & Millichap (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today a management realignment to streamline decision making, execution and allocation of key executives to strategic growth initiatives. Hessam Nadji, president and CEO, Marcus & Millichap, stated: "The company's brokerage operations will be consolidated under the position of chief operating officer, which will streamline key growth initiatives. At the same time, we are expanding responsibilities and market coverage for our most effective leaders, positioning them to focus on production and sales force productivity as the cor

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 Alamitos West Health & Rehabilitation Center, a 150-licensed bed/142-operating bed skilled nursing facility, and Katella Senior Living, a 73-unit, 77-bed assisted living and memory care facility in Los Alamitos, California. The two properties sold all-cash for $34.5 million. "With a four-star rating from the Centers for Medicare & Medicaid Services, Alamitos West presented a compelling value-add opportunity and sold for $154,000 per bed," said Nick Stahler, first vice president investments in Marcus & Millich

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 The Liberty, a 242-unit multifamily property in Golden Valley, Minnesota. The asset traded for $59.5 million. "The Liberty is a 96%-occupied luxury apartment and townhome asset poised for continued growth as multifamily supply tapers and demand for well-located suburban properties increases in the Minneapolis-St. Paul area," said Abe Roberts, senior vice president investments in Marcus & Millichap's Minneapolis office. Roberts represented the seller, an entity related to the Schachtman family, and procured th

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, 2025 on Wednesday, May 7, 2025, 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 web

Institutional Property Advisors (IPA), a specialized division of Marcus & Millichap (NYSE:MMI) dedicated to serving the company's institutional clients, announced today that Andrew Leahy has joined the firm as senior vice president, national director of IPA's multifamily division. In his new role, Leahy will lead IPA advisory teams across North America in providing best-of-class services and expanding IPA into additional markets. Leahy brings over 20 years of experience in institutional multifamily investment, portfolio management, and strategic expansion into target markets across real estate cycles. Over his career he has executed over $6 billion in transactions. The multifamily housing

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), announced today the sale of 5000 Birch Street, a two-tower Class A office asset in Newport Beach, California encompassing 310,553 square feet. "This was an ideal Class A office investment opportunity that is well positioned to capitalize on the future of office," said Mark DeGiorgio, IPA senior director who closed the sale on behalf of the institutional seller, and the buyer, Joe C. Wen. "There is significant growth planned for this micro market, including hundreds of new housing units, helping to solidify this urban node," added DeGiorgio. "The buyer plans to infuse significant capital to complete the tact

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), announced today the sale of The BW, a 78-unit apartment asset with 2,300 square feet of ground floor retail in the Brentwood neighborhood of Los Angeles, California. The property sold for $58.1 million, which equates to $744,872 per unit. "The BW is in one of the most affluent multifamily submarkets in California, where demand for luxury rentals is high and the median price of a single-family home is over $3.6 million," said Kevin Green, IPA executive managing director investments. "Average annual household income in Brentwood is over $213,700 and renters make up 48% of the population." Green and IPA's Jose

IPA Capital Markets, a division of Marcus & Millichap (NYSE:MMI) specializing in capital markets services for major private and institutional clients, announced today its continued expansion in Canada with the hiring of real estate finance industry veteran Onorio Lucchese. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250326962237/en/Onorio Lucchese Lucchese joins as senior managing director in the firm's Toronto office. He is responsible for capital raising, facilitating cross-border transactions, representing Canadian investors looking to invest in the United States, and assisting international investors in finding real estate

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)

3 - Marcus & Millichap, Inc. (0001578732) (Issuer)

4 - Marcus & Millichap, Inc. (0001578732) (Issuer)

4 - Marcus & Millichap, Inc. (0001578732) (Issuer)

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

Revenue growth of 12.3% in the First Quarter 2025 compared to First Quarter 2024. 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 financial results today. First Quarter 2025 Highlights Compared to First Quarter 2024 Total revenue of $145.0 million, compared to $129.1 million Brokerage commissions of $123.6 million, compared to $109.5 million Private Client Market brokerage revenue of $77.7 million, compared to $73.2 million Middle Market and Larger Transaction Market brokerag

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, 2025 on Wednesday, May 7, 2025, 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 web

Revenue growth of 44.4% in the Fourth Quarter 2024 compared to Fourth Quarter 2023. Revenue growth of 7.8% Year Over Year 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 fourth quarter and full year 2024 financial results today. Fourth Quarter 2024 Highlights Compared to Fourth Quarter 2023 Total revenue of $240.1 million, compared to $166.2 million Brokerage commissions of $202.8 million, compared to $144.6 million Private Client Market brokerage revenue of $120.4 million, compared to

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 $9.8 million. The dividend will be payable on April 4, 2025 to shareholders of record as of the close of business on March 12, 2025. 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 se

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 fourth quarter ended December 31, 2024 on Friday, February 14, 2025, 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 & Milli

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

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