Marcus & Millichap

Marcus & Millichap, Inc. engages in the provision of investment real estate brokerage services. It specializes in commercial real estate investment sales, property financing, research, and advisory services. The company was founded by George M. Marcus and William A. Millichap in 1971 and is headquartered in Calabasas, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Marcus & Millichap achieves record revenue amidst market disruptions

MMI delivered strong financial performance in Q4 2022 despite market challenges, outperforming in transactions and revenue.
Effective cost management and strategic focus on investor needs position MMI for future growth.
Challenges in revenue decline and cost structure require attention, but opportunities in market improvement and acquisitions are promising.
Shareholder returns and optimism for the future reflect MMI's resilience and strategic planning.

Marcus & Millichap reports Q1 losses, focuses on cost controls

Marcus & Millichap faced challenges in Q1 2023 due to market conditions, reporting revenue of $155 million and a net loss of $5.8 million.
Despite revenue declines and operational losses, the company remains well-capitalized, focusing on cost controls and strategic investments for future growth.
Management expressed gratitude and optimism for future interactions, highlighting a commitment to navigating challenges and capitalizing on opportunities in the market.

Marcus & Millichap reports Q2 revenue decline but showcases resilience

Marcus & Millichap (MMI) navigated challenges in the commercial real estate market, reporting a revenue decline but showcasing resilience in brokerage transactions.
Despite industry-wide disruptions, MMI closed a significant number of transactions and remains well-capitalized with no debt and strong liquidity.
The company's strategic focus on client outreach, technology, and acquisitions positions it well for future growth opportunities amidst market uncertainties.
MMI's ability to outperform in brokerage transactions while addressing specific sales declines highlights its adaptability and strategic positioning.

Marcus & Millichap reports Q3 revenue decline, eyes strategic growth

Marcus & Millichap (MMI) faced revenue challenges in Q3 2023, with transactional activity significantly declining.
Despite a net loss, the company maintained a strong financial position and emphasized long-term value creation through strategic investments.
MMI's focus on external growth opportunities and technology investments signals a commitment to future expansion and market resilience.

Marcus & Millichap faces challenges but remains well-capitalized for recovery

Marcus & Millichap navigated a tough commercial real estate landscape in 2023, closing numerous transactions despite revenue declines and net losses. The company's financial strength, highlighted by a debt-free status and significant cash reserves, positions it well for potential market improvements in the future.

Marcus & Millichap reports Q1 revenue of $129 million

MMI navigated market challenges with a focus on strategic acquisitions and cost management.
Despite a net loss, positive market indicators and client outreach efforts signal resilience.
Opportunities for growth exist through market adjustments and investment in talent and technology.

Marcus & Millichap reports Q2 loss, eyes growth opportunities ahead

Marcus & Millichap navigated a challenging quarter with a focus on cost management and internal growth indicators.
Despite a net loss, the company closed significant brokerage transactions and remains financially stable with no debt.
Anticipation of a Fed interest rate cut and market conditions present opportunities for future growth and strategic investments.

Marcus & Millichap reports revenue growth but faces net loss

Marcus & Millichap (MMI) showed revenue growth in Q3 but faced a net loss, with challenges in Private Client revenue.
The company's strong capital position and transaction volumes highlight resilience and market presence.
Opportunities exist in expanding financing services and addressing cost challenges for sustained growth.
Adapting to market dynamics post-election will be crucial for navigating uncertainties.

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WASHINGTON--(BUSINESS WIRE)---- $MMI #apartmentinvestments--Veteran Self-Storage Broker Joins Marcus & Millichap in Washington, D.C.

Veteran Self-Storage Broker Joins Marcus & Millichap in Washington, D.C.

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CALABASAS, Calif.--(BUSINESS WIRE)---- $k #apartmentmentinvestments--Marcus & Millichap Names Chief People Officer.

Marcus & Millichap Names Chief People Officer

LA VISTA, Neb.--(BUSINESS WIRE)---- $k #apartmentinvestments--Marcus & Millichap's IPA Capital Markets Division Arranges $72 Million Refinancing for Mixed-Use Development in Omaha MSA.

Marcus & Millichap's IPA Capital Markets Division Arranges $72 Million Refinancing for Mixed-Use Development in Omaha MSA

LOS ANGELES--(BUSINESS WIRE)---- $k #apartmentmentinvestments--Marcus & Millichap's Institutional Property Advisors Brokers $62 Million North Hollywood Multifamily Asset Sale.

Marcus & Millichap's Institutional Property Advisors Brokers $62 Million North Hollywood Multifamily Asset Sale

MURRIETA, Calif.--(BUSINESS WIRE)---- $k #apartmentinvestments--$146.5 Million Inland Empire Multifamily Sale Closed By Marcus & Millichap's Institutional Property Advisors Division.

$146.5 Million Inland Empire Multifamily Sale Closed By Marcus & Millichap's Institutional Property Advisors Division

CALABASAS, Calif.--(BUSINESS WIRE)---- $k #apartmentmentinvestments--Marcus & Millichap Expands Leading Talent Acquisitions Across North America.

Marcus & Millichap Expands Leading Talent Acquisitions Across North America

Marcus & Millichap, Inc. (NYSE:MMI ) Q1 2024 Earnings Conference Call May 8, 2024 10:30 AM ET Corporate Participants Jacques Cornet - Investor Relations, ICR Hessam Nadji - President and Chief Executive Officer Steve DeGennaro - Chief Financial Officer Conference Call Participants Young Ku - Wells Fargo Operator Greetings, and welcome to Marcus & Millichap's First Quarter 2024 Earnings Conference Call. As a reminder, this call is being recorded.

Marcus & Millichap, Inc. (MMI) Q1 2024 Earnings Call Transcript

CALABASAS, Calif.--(BUSINESS WIRE)--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 m.

Marcus & Millichap, Inc. Reports Results for First Quarter 2024

CALABASAS, Calif.--(BUSINESS WIRE)---- $k #alanpontius--Marcus & Millichap Releases Cold Storage Property Research Report.

Marcus & Millichap Releases Cold Storage Property Research Report

CALABASAS, Calif.--(BUSINESS WIRE)--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 ho.

Marcus & Millichap, Inc. to Report First Quarter 2024 Financial Results on Wednesday, May 8, 2024

CALABASAS, Calif.--(BUSINESS WIRE)---- $MMI #apartmentinvestments--Best Place to Work Honor Awarded to Marcus & Millichap for Second Consecutive Year.

Best Place to Work Honor Awarded to Marcus & Millichap for Second Consecutive Year

InvenTrust Properties Corp

Urban Edge Properties

Whitestone REIT

Retail REIT share prices have declined more than the overall REIT sector, presenting a potential investment opportunity. The Marcus & Millichap 2024 Retail Forecast highlights job growth, migration patterns, and rising retail space demand. The top markets for retail investment are dominated by Florida and Texas, creating opportunities for shopping center landlords in the Sun Belt.

Sector Spotlight: Retail Could Break Out In 2024

CALABASAS, Calif.--(BUSINESS WIRE)---- $MMI #apartmentinvestmentmomentum--Marcus & Millichap Publishes Institutional Multifamily Market Intelligence Report.

Marcus & Millichap Publishes Institutional Multifamily Market Intelligence Report

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $MMI #alextartaglia--$125 Million Silicon Valley Multifamily Asset Sale and Financing Brokered by Institutional Property Advisors.

$125 Million Silicon Valley Multifamily Asset Sale and Financing Brokered by Institutional Property Advisors

ANAHEIM, Calif.--(BUSINESS WIRE)---- $k #anaheimcaliforniaproperty--Marcus & Millichap Brokers $79 Million Orange County Multifamily Asset Sale.

Marcus & Millichap Brokers $79 Million Orange County Multifamily Asset Sale

Marcus & Millichap, Inc. (MMI) Q4 2023 Earnings Call Transcript

CALABASAS, Calif.--(BUSINESS WIRE)--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 commissi.

Marcus & Millichap, Inc. Reports Results for Fourth Quarter and Full Year 2023

CALABASAS, Calif.--(BUSINESS WIRE)---- $k #2024multifamilyforecast--Marcus & Millichap Releases 2024 National Multifamily Investment Forecast.

Marcus & Millichap Releases 2024 National Multifamily Investment Forecast

WASHINGTON--(BUSINESS WIRE)--Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today that veteran multifamily investment sales advisors Bob Dean and Jonathan Greenberg have joined IPA in Washington, D.C. Previously executive vice presidents with CBRE, Dean and Greenberg join IPA as senior managing directors.

Institutional Property Advisors' Hiring Momentum Continues with Veteran Multifamily Real Estate Brokers in Washington, D.C.

CALABASAS, Calif.--(BUSINESS WIRE)-- #apartmentmentinvestments--Marcus & Millichap Releases 2024 Canada Investment Forecast Report.

Marcus & Millichap Releases 2024 Canada Investment Forecast Report

CALABASAS, Calif.--(BUSINESS WIRE)--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, 2023 on Friday, February 16, 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 wil.

Marcus & Millichap, Inc. to Report Fourth Quarter 2023 Financial Results on Friday, February 16, 2024

Marcus & Millichap, Inc. to Report Fourth Quarter 2023 Financial Results on Friday, February 16, 2023

GILBERT, Ariz.--(BUSINESS WIRE)---- $k #altacooleystation--Institutional Property Advisors Closes $80 Million Multifamily Asset Sale in Gilbert, Arizona.

Institutional Property Advisors Closes $80 Million Multifamily Asset Sale in Gilbert, Arizona

THOUSAND OAKS, Calif.--(BUSINESS WIRE)---- $k #apartmentinvestments--Institutional Property Advisors Brokers $171 Million Ventura County Multifamily Portfolio Sale.

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