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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CALABASAS, Calif.--(BUSINESS WIRE)---- $k #apartmentmentinvestments--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 re.

Marcus & Millichap Enters Strategic Partnership with EquityMultiple

CALABASAS, Calif.--(BUSINESS WIRE)---- $k #ai--Institutional Property Advisors Releases Special San Francisco Bay Area Multifamily Report.

Institutional Property Advisors Releases Special San Francisco Bay Area Multifamily Report

TEMPE, Ariz.--(BUSINESS WIRE)---- $k #agencylending--Institutional Property Advisors Closes and Finances $100 Million Multifamily Asset Sale in Tempe.

Institutional Property Advisors Closes and Finances $100 Million Multifamily Asset Sale in Tempe

CALABASAS, Calif.--(BUSINESS WIRE)---- $MMI #apartmentmentinvestments--Marcus & Millichap Announces Strategic Partnership with Real Estate Technology Firm Archer.

Marcus & Millichap Announces Strategic Partnership with Real Estate Technology Firm Archer

Marcus & Millichap, Inc. (NYSE:MMI ) Q3 2023 Earnings Call Transcript November 3, 2023 10:30 AM ET Company Participants Jacques Cornet - IR Hessam Nadji - President and CEO Steve DeGennaro - CFO Conference Call Participants Blaine Heck - Wells Fargo Operator Greetings, and welcome to Marcus & Millichap's Third Quarter 2023 Earnings Conference Call. [Operator Instructions].

Marcus & Millichap, Inc. (MMI) Q3 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 its third quarter results. Third Quarter 2023 Highlights Compared to Third Quarter 2022 Total revenue of $162.0 million, compared to $323.8 million Brokerage commissions of $139.8 million, compared to $292.9 million Priv.

Marcus & Millichap, Inc. Reports Results for Third Quarter 2023

CHATSWORTH, Calif.--(BUSINESS WIRE)---- $k #apartmentinvestments--Institutional Property Advisors Closes $106.65 Million Multifamily Asset Sale in California's San Fernando Valley.

Institutional Property Advisors Closes $106.65 Million Multifamily Asset Sale in California's San Fernando Valley

CALABASAS, Calif.--(BUSINESS WIRE)---- $k #apartmentinvestments--Marcus & Millichap's Military Bridge to Brokerage Spearheads Legislation to Help Veterans.

Marcus & Millichap's Military Bridge to Brokerage Spearheads Legislation to Help Veterans

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 third quarter ended September 30, 2023 on Friday, November 3, 2023, 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.

Marcus & Millichap, Inc. to Report Third Quarter 2023 Financial Results on Friday, November 3, 2023

KENT, Wash.--(BUSINESS WIRE)-- #apartments--Institutional Property Advisors Brokers $80 Million Puget Sound Multifamily Asset Sale.

Institutional Property Advisors Brokers $80 Million Puget Sound Multifamily Asset Sale

CALABASAS, Calif.--(BUSINESS WIRE)---- $k #apartmentmentinvestments--Institutional Property Advisors Releases Special Florida Renter Report.

Institutional Property Advisors Releases Special Florida Renter Report

DURHAM, N.C.--(BUSINESS WIRE)-- #apartmentmentinvestments--Marcus & Millichap Brokers $84.75 Million Multifamily Asset Sale in Raleigh-Durham.

Marcus & Millichap Brokers $84.75 Million Multifamily Asset Sale in Raleigh-Durham

GILBERT, Ariz.--(BUSINESS WIRE)---- $k #aiya--$112 Million Multifamily Asset Sale and Financing Brokered by Institutional Property Advisors.

$112 Million Multifamily Asset Sale and Financing Brokered by Institutional Property Advisors

CALABASAS, Calif.--(BUSINESS WIRE)---- $k #apartmentconstruction--Institutional Property Advisors Releases National Multifamily Construction Report.

Institutional Property Advisors Releases National Multifamily Construction Report

CALABASAS, Calif.--(BUSINESS WIRE)---- $k #apartmentconstructiontexas--Institutional Property Advisors Releases Texas Multifamily Construction Report.

Institutional Property Advisors Releases Texas Multifamily Construction Report

CALABASAS, Calif.--(BUSINESS WIRE)---- $k #apartmentmentinvestments--Institutional Property Advisors Releases Midyear 2023 Class A Multifamily Outlook Special Report  .

Institutional Property Advisors Releases Midyear 2023 Class A Multifamily Outlook Special Report

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 its second quarter results. Second Quarter 2023 Highlights Compared to Second Quarter 2022 Total revenue of $162.9 million decreased 58.9%, a difficult comparable to a record second quarter 2022 where revenue was up 39.0.

Marcus & Millichap, Inc. Reports Results for Second Quarter 2023

CALABASAS, Calif.--(BUSINESS WIRE)---- $k #alanpontius--Marcus & Millichap Releases Special Report on Industrial Outdoor Storage Properties.

Marcus & Millichap Releases Special Report on Industrial Outdoor Storage Properties

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 second quarter ended June 30, 2023 on Friday, August 4, 2023, 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 Second Quarter 2023 Financial Results on Friday, August 4, 2023

REDMOND, Wash.--(BUSINESS WIRE)--Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), announced today the sale and financing of Aria, a 102-unit, transit-oriented, boutique multifamily property with 2,161 square feet of retail space in Redmond, Washington. The asset traded for $46.5 million.

Institutional Property Advisors Brokers Sale and Arranges Financing for Eastside Seattle Multifamily Asset

CALABASAS, Calif.--(BUSINESS WIRE)-- #apartmentmentinvestments--Marcus & Millichap Releases First Half 2023 Single-Tenant Net Lease Retail Report.

Marcus & Millichap Releases First Half 2023 Single-Tenant Net Lease Retail Report

Marcus & Millichap, Inc. (NYSE:MMI ) Q1 2023 Earnings Conference Call May 5, 2023 10:30 AM ET Company Participants Jacques Cornet - Investor Relations Hessam Nadji - President and Chief Executive Officer Steve DeGennaro - Chief Financial Officer Conference Call Participants Blaine Heck - Wells Fargo Operator Greetings and welcome to the Marcus & Millichap's First Quarter 2023 Earnings Conference Call. As a reminder, this call is being recorded.

Marcus & Millichap, Inc. (MMI) Q1 2023 Earnings Call Transcript

CALABASAS, Calif.--(BUSINESS WIRE)--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 reported its first quarter results. First Quarter 2023 Highlights Compared to First Quarter 2022 Total revenue of $154.8 million decreased 51.5%, a tough comparable to a record first quarter 2022 where revenue was up 73.6% compared.

Marcus & Millichap, Inc. Reports Results for First Quarter 2023

CALABASAS, Calif.--(BUSINESS WIRE)--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 approved an additional $70 million to repurchase common stock under its stock repurchase program. After accounting for stock repurchased through April 28, 2023, and the increased authorization, Marcus & Millichap has approximately $80 million av.

Marcus & Millichap Increases Stock Repurchase Authorization

CALABASAS, Calif.--(BUSINESS WIRE)-- #apartmentmentinvestments--Marcus & Millichap Co-Founder George M. Marcus Recognized with Lifetime Achievement Award.

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