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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Marcus & Millichap, Inc. (NYSE:MMI ) Q2 2022 Earnings Conference Call August 6, 2022 10:30 AM ET Company Participants Brad Cohen - Investor Relations Hessam Nadji - President and Chief Executive Officer Steven DeGennaro - Chief Financial Officer Conference Call Participants Blaine Heck - Wells Fargo Operator Greetings, and welcome to the Marcus & Millichap Second Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Marcus & Millichap, Inc. (MMI) CEO Hessam Nadji on Q2 2022 Results - 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 a record second quarter. Second Quarter 2022 Highlights Compared to Second Quarter 2021 Total revenues grew by 39.0% to $396.0 million Net income increased to $42.2 million, or $1.04 per common share, diluted, compared to $

Marcus & Millichap, Inc. Reports Results for Second Quarter 2022

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 (the “Board”) has authorized a $70 million stock repurchase program. The Company's stock repurchase program authorizes the purchase of the Company's common stock through open market and privately negotiated transactions, at such times and in such amount

Marcus & Millichap Further Expands Capital Allocation Strategy With Initial Stock Repurchase Program

POTTSTOWN, Pa.--(BUSINESS WIRE)-- #commercialpropertyinvestments--Institutional Property Advisors Brokers $85.7 Million Grocery-Anchored Power Center Sale

Institutional Property Advisors Brokers $85.7 Million Grocery-Anchored Power Center Sale

GILBERT, Ariz.--(BUSINESS WIRE)---- $k #apartmentinvestments--Institutional Property Advisors Brokers $91 Million Luxury Multifamily Asset Sale in Gilbert, Arizona

Institutional Property Advisors Brokers $91 Million Luxury Multifamily Asset Sale in Gilbert, Arizona

LOS ANGELES--(BUSINESS WIRE)-- #apartmentmentinvestments--Institutional Property Advisors Closes $64.3 Million Hollywood-Area Multifamily Asset Sale

Institutional Property Advisors Closes $64.3 Million Hollywood-Area Multifamily Asset Sale

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, 2022 on Friday, August 5, 2022, 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 2022 Financial Results on Friday, August 5, 2022

DALLAS--(BUSINESS WIRE)--Institutional Property Advisors Closes Five-Property Texas Multifamily Sale

Institutional Property Advisors Closes Five-Property Texas Multifamily Sale

UPLAND, Calif.--(BUSINESS WIRE)--Institutional Property Advisors Brokers $82 Million Inland Empire Multifamily Asset Sale

Institutional Property Advisors Brokers $82 Million Inland Empire Multifamily Asset Sale

SAN ANTONIO and DALLAS , June 21, 2022 /PRNewswire/ -- SWBC Real Estate, LLC, announced that it recently sold five multi-family properties in the Royalton Portfolio. Marcus & Millichap's Institutional Property Advisors (IPA) handled the sale for SWBC Real Estate.

SWBC Real Estate Sells Royalton Portfolio for $350M

NEW YORK--(BUSINESS WIRE)--Marcus & Millichap Hires Head of Eastern Region Practice Lead

Marcus & Millichap Hires Head of Eastern Region Practice Lead

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NEW YORK--(BUSINESS WIRE)--Marcus & Millichap Brokers Honored by Real Estate Board for Bringing New York's Martinique Hotel Back to Life

Marcus & Millichap Brokers Honored by Real Estate Board for Bringing New York's Martinique Hotel Back to Life

TEMPE, Ariz.--(BUSINESS WIRE)--Institutional Property Advisors Closes Sale of $96 Million Downtown Tempe Multifamily Asset

Institutional Property Advisors Closes Sale of $96 Million Downtown Tempe Multifamily Asset

FAYETTEVILLE, N.C.--(BUSINESS WIRE)--$83 Million Grocery-Anchored Shopping Center Sale in North Carolina Closed by Marcus & Millichap's Institutional Property Advisors

$83 Million Grocery-Anchored Shopping Center Sale in North Carolina Closed by Institutional Property Advisors

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Marcus & Millichap's Institutional Property Advisors Negotiates $260 Million Multifamily Asset Sale in Scottsdale

Institutional Property Advisors Negotiates $260 Million Multifamily Asset Sale in Scottsdale

Marcus & Millichap, Inc. (NYSE:MMI ) Q1 2022 Earnings Conference Call May 6, 2022 10:30 AM ET Company Participants Tom Shearer - Senior Vice President, Investor Relations Hessam Nadji - President and Chief Executive Officer Steve DeGennaro - Chief Financial Officer Conference Call Participants Blaine Heck - Wells Fargo Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within the transcript are designed to help you navigate the audio should the corresponding text be unclear.

Marcus & Millichap, Inc.'s (MMI) CEO Hessam Nadji on Q1 2022 Results - Earnings Call Transcript

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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 record financial results for the first quarter of 2022. First Quarter 2022 Highlights Compared to First Quarter 2021 Total revenues increased by 73.6% to $319.5 million Net income increased to $32.8 million, or $0.81 per co

Marcus & Millichap, Inc. Reports Results for First Quarter 2022

PHOENIX--(BUSINESS WIRE)--Institutional Property Advisors Closes $201.75 Million Multifamily Portfolio Sale in the Southwest

Institutional Property Advisors Closes $201.75 Million Multifamily Portfolio Sale in the Southwest

CHICAGO--(BUSINESS WIRE)--Marcus & Millichap Brokers $150 Million Student Housing Portfolio Sale, Largest Ever in Illinois' Champaign-Urbana Market

Marcus & Millichap Brokers $150 Million Student Housing Portfolio Sale, Largest Ever in Illinois' Champaign-Urbana Market

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, 2022 on Friday, May 6, 2022, 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 hoste

Marcus & Millichap, Inc. to Report First Quarter 2022 Financial Results on Friday, May 6, 2022

CALABASAS, Calif.--(BUSINESS WIRE)--Marcus & Millichap Hires Top Auction Brokers to Lead Property Auction Services

Marcus & Millichap Hires Top Auction Brokers to Lead Property Auction Services

RENO, Nev.--(BUSINESS WIRE)--Marcus & Millichap Closes Eight-Asset Reno Multifamily Portfolio Sale for $302 Million

Marcus & Millichap Closes Eight-Asset Reno Multifamily Portfolio Sale for $302 Million

CALABASAS, Calif.--(BUSINESS WIRE)-- #apartment--Marcus & Millichap Hires Western Region Capital Markets Lead

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