MARCUS & MILLICHAP Aktie

 

SAN MATEO, Calif.--(BUSINESS WIRE)--$mmi #apartmentmentinvestments--IPA Capital Markets, a division of Marcus & Millichap (NYSE:MMI) specializing in capital markets services for major private and institutional clients, has successfully secured $61 million in financing for the construction of Arbello, a mixed-use multifamily and office property located at 477 9th Avenue in San Mateo, California. The five-story property will offer 120 residential units for rent and approximately 29,000 square feet of office space. Amenities will include a coworking space, wellness center, clubhouse, expansive courtyard, and rooftop deck. Brandon Roth, managing director in IPA Capital Markets' Palo Alto office, advised and marketed the financing on behalf of The Martin Group and JPF Capital. “There are few developers in the Bay Area that have been able to secure financing and start construction in today's market environment, but The Martin Group has now done it twice in the past six months,” said Roth. “It's a testa...

NORTHBROOK, Ill., June 2, 2025 /PRNewswire/ -- Hilco Real Estate Sales, in cooperation with Marcus & Millichap, announce July 17, 2025, as the offer deadline for the Shilo Inns Newport Oceanfront, a 179-room, full-service hotel located at 536 SW Elizabeth Street in Newport, Oregon.......

Largest Financing Ever Secured for an Office-to-Residential Conversion in New York City NEW YORK--(BUSINESS WIRE)--$mmi #andrewcohen--IPA Capital Markets, a division of Marcus & Millichap (NYSE:MMI) specializing in capital markets services for major private and institutional clients, announced today the closing of a $720 million loan to a joint venture between Metro Loft Developers and David Werner Real Estate Investments for the development and conversion of the former Pfizer headquarters consisting of two adjacent and connected office buildings. Max Herzog, Marko Kazanjian, Andrew Cohen and Max Hulsh of IPA Capital Markets, secured the financing with Madison Realty Capital. “By structuring flexible financing for the largest office-to-residential conversion in New York City's history, we are enabling a new benchmark for luxury rental housing in Midtown Manhattan,” said Josh Zegen, managing principal and co-founder of Madison Realty Capital. “Metro Loft's track record executing complex office-to-r...

CALABASAS, Calif.--(BUSINESS WIRE)--$MMI #andrewleahymarcusandmillichap--Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI) dedicated to serving the company's institutional clients, announced today that veteran commercial real estate industry research professional Dags Chen has joined the firm as head of IPA research and strategy. As part of the company's expansive research services division, Chen will focus on research publications and analytics specifically geared toward institutional investors and their strategy formation and execution, providing research, analysis, and insights on the investment outlook for the institutional marketplace. Hessam Nadji, Marcus & Millichap's president and CEO, stated: “This strategic addition is designed to elevate our analytical and market intelligence capabilities and position IPA as a key advisor to institutions. In partnership with John Chang, the firm's chief intelligence and analytics officer, and IPA executives, Dags will leve...

PALO ALTO, Calif.--(BUSINESS WIRE)--#alextartaglia--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. “IPA has built and maintained a decades-long dominant market share position throughout the Bay Area and greater Northern California,” said Andrew Leahy, national director of IPA's multifamily division. “Hiring Rob deepens our ability to serve investors pursuing multifamily investment opportunities throughout Northern California and furthers our continued growth and expansion of the IPA platform.” Previously a director at Walker & Dunlop, LeDoux joins IPA with 1...

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Revenue growth of 12.3% in the First Quarter 2025 compared to First Quarter 2024. 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 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 brokerage revenue of $40.9 million, compared to $31.5 million Financing fees of $18.1 million, compared to $14.4 million Net loss of $4.4 million, or $0.11 per common share, diluted, compared to net loss of $10.0 million, or $0.26 per common share, diluted Adjusted EBITDA1 of $(8.7) millio...

CALABASAS, Calif.--(BUSINESS WIRE)--#apartmentmentinvestments--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 core drivers of their roles. The company is also placing more emphasis on client development, strategic investments and elevating its research services.” These changes are effective immediately and include newly created roles and revised leadership position...

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, 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 website at www.MarcusMillichap.com and will be archived upon completion of the call. The Company encourages use of the webcast due to potential extended wait times to access the conference call via dial-in. CONFERENCE CALL For those unable to access the webcast, callers from the United St...

CALABASAS, Calif.--(BUSINESS WIRE)--$k #andrewleahy--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 market is one of the most active investment classes for both private and institutional investors. Hessam Nadji, Marcus & Millichap's president and CEO, stated: “Our IPA multifamily platform has emerged as a leading source of institutional market intelligence, deal...

NEW YORK--(BUSINESS WIRE)--NNN Pro, the market leading net lease investment sales and advisory firm announced the hiring of leading mortgage broker Christopher Marks as Senior Managing Director to help launch the firm's new Capital Markets division. Under Marks' leadership, the Capital Markets team will provide commercial financing and debt solutions to investors nationwide across all property types. Marks joins the team with over 20 years of experience in commercial real estate finance, and has successfully financed more than 2,000 transactions, totaling over $4 billion. He most recently spent the past 15 years at Marcus & Millichap Capital Corporation, where he was consistently recognized as a top producer at the firm. “Adding Capital Markets services to our platform was the obvious next step in our Company's growth story as we bring an in-house partner and specialist to best service the financing needs of our clients,” said Glen Kunofsky, CEO of NNN Pro. “We were extremely thoughtful about fin...

TORONTO--(BUSINESS WIRE)--#apartmentmentinvestments--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. 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 opportunities across Canada. "With his extensive background and strong relationships established over many years, Onorio will further the firm's continued growth in Canada and enhance our presence in the North American capital markets," said Evan Denner, executive vice president and head of business, Marcus & Millichap Capital Corporation. "His strong focus on raising capital, facilitating cross-border ...

Laberge, Gregory A. - Vorstand - Tag der Transaktion: 2025-03-11...

Das Instrument M6M US5663241090 MARCUS+MILLICHAP DL-,0001 EQUITY wird cum Dividende/Zinsen gehandelt am 11.03.2025 und ex Dividende/Zinsen am 12.03.2025 The instrument M6M US5663241090 MARCUS+MILLICHAP DL-,0001 EQUITY has its pre-dividend/interest day on 11.03.2025 and its ex-dividend/interest day on 12.03.2025...

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--#apartmentmentinvestments--IPA Capital Markets, a division of Marcus & Millichap (NYSE:MMI) specializing in capital markets services for major private and institutional clients, announced today the $60.9 million refinancing of a 28.9-acre oceanfront redevelopment project located in Huntington Beach, California. Gary Mozer, executive managing director with IPA Capital Markets, secured an 18-month, non-recourse loan on behalf of a California-based investment and development firm. The project plan includes residential and hospitality development and was approved by the Huntington Beach City Council on September 17th, 2024. The residential development plan includes over 200 for-sale single-family detached and attached homes, and a 50-unit affordable housing community with 25 units to be rented to hotel workers employed on-site and nearby. The hospitality development plan includes a 215-room boutique hotel with 19,000 square feet of retail space. The project plan incl...

Laberge, Gregory A. - Vorstand - Tag der Transaktion: 2025-03-04...

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BERLIN (dpa-AFX) - Below are the earnings highlights for Marcus & Millichap Inc. (MMI):Earnings: $8.55 million in Q4 vs. -$10.23 million in the same period last year. EPS: $0.22 in Q4 vs. -$0.27 i......

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Revenue growth of 44.4% in the Fourth Quarter 2024 compared to Fourth Quarter 2023. Revenue growth of 7.8% Year Over YearCALABASAS, 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 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 $94.8 million Middle Market and Larger Transaction Market brokerage revenue of $76.7 million, compared to $44.1 million Financing fees of $31.2 million, compared to $15.9 million Net income of $8.5 million, or $0.22 per common share, diluted, compared to net loss of $10.2 million, or $...