Marcus & Millichap expands footprint at AmTrustRE’s recently acquired office building
Commercial real estate brokerage Marcus & Millichap has significantly expanded its presence at AmTrustRE's 260 Madison Avenue property, increasing its footprint to 41,000 square feet. This expansion highlights continued activity in New York City's commercial real estate market, as reported by Julian Nazar.
Marcus & Millichap Brokers Sale of Two-Tenant Retail Property in Las Vegas
Marcus & Millichap has brokered the sale of a two-tenant retail property in Las Vegas to local entrepreneur Merra Cordier, owner of The Purple Chandelier. The former OfficeMax building, built in 1977, is currently occupied by The Purple Chandelier and Bodega Furniture. The new owner plans to renovate the facility while continuing retail operations.
Q1 Consumer Discretionary - Real Estate Services Earnings: Marcus & Millichap (NYSE:MMI) Impresses
Marcus & Millichap (MMI) reported impressive Q1 earnings, outperforming analysts' revenue and EBITDA estimates. The article analyzes the performance of various consumer discretionary real estate services stocks during Q1, highlighting MMI, CBRE, Newmark, and Compass for strong results, while RE/MAX experienced a disappointing quarter. Despite strong results from some, the sector has seen an average share price decline of 8.4% since earnings reports.
Marcus & Millichap Arranges $3.4M Sale of Medical Office Building in Gurnee, Illinois
Marcus & Millichap has facilitated the $3.4 million sale of a 10,000-square-foot medical office building in Gurnee, Illinois. The Class A property, built in 2005, is fully leased to Aurora Health Care, which provides dermatology, family medicine, and internal medicine services. An East Coast-based buyer acquired the property via a 1031 exchange, with Frank Roti, Brett Rodgers, and Brian Munn of Marcus & Millichap representing the parties.
Marcus And Millichap Spotlights STNL Retail Strength And New Leadership
Marcus & Millichap has published new research highlighting strength in the U.S. single tenant net lease (STNL) retail sector, noting improved fundamentals and transaction activity. Coinciding with this report, the company appointed Michael Puline as senior managing director and national director of its retail division, signaling a strategic focus on institutional-quality retail mandates. This move aims to leverage Puline's extensive experience to enhance brokerage consistency and strengthen the company's position in this key market segment amidst challenges like reliance on commissions and fee pressure.
Marcus & Millichap Releases New Single-Tenant Retail Reports as Industry Gathers at ICSC Las Vegas
Marcus & Millichap has released two new national research reports indicating continued strength in the single-tenant net-lease (STNL) retail sector, with transaction activity rising sharply in 2025. Despite economic uncertainty, investor demand for high-quality net-lease retail assets remains strong, driven by retailers focused on necessity, convenience, and value. Private investors accounted for approximately 75% of buyer dollar volume, favoring assets with strong tenant credit and long-term leases, and professionals from Marcus & Millichap are present at ICSC Las Vegas to discuss these trends.
Marcus & Millichap Brokers North Dallas Multifamily Asset Sale
Marcus & Millichap recently brokered the sale of Infinity on the Point, a 249-unit multifamily property in Dallas, Texas, to Reap Capital. This complex transaction was a significant challenge due to it being one of the first approved by a Housing Finance Corporation in the DFW region involving a new ownership structure and a high-leverage loan assumption. The property, built in 2017, is strategically located near major employment centers and transit, offering a rare investment opportunity at a 5.8% cap rate.
Marcus & Millichap Exclusively Lists Fully Approved Development Site in Jersey City
Marcus & Millichap has exclusively listed a fully approved development site at 216 Palisade Ave. in Jersey City, priced at $4 million. The site is approved for a 10-story, 51-unit age-restricted multifamily building, designed for the growing demand from seniors seeking urban walkability. The project is projected to generate approximately $1.24 million in net operating income upon stabilization.
Marcus & Millichap Brokers Sale of 2,847-Square-Foot Single-Tenant Restaurant Property in Phoenix
Marcus & Millichap has brokered the sale of a 2,847-square-foot single-tenant restaurant property in Phoenix, occupied by Original Chop Shop. The restaurant, built in 1969, will continue its operations after a California-based investor acquired the property. Mark Ruble, Chris Lind, and Zack House of Marcus & Millichap represented both the seller and the buyer in the transaction.
Is Marcus & Millichap’s (MMI) New Retail Leader a Turning Point for Its Investment Narrative?
Marcus & Millichap (MMI) recently appointed Michael Puline as the new national director of its retail division, a move that could significantly influence the firm's investment narrative. The company also reported first-quarter 2026 revenue of US$171.47 million and a net loss of US$3.1 million. While Puline's extensive experience strengthens the retail segment, the company's profitability still hinges on improvements in commercial real estate activity and managing its reliance on transaction-driven revenue.
Is Marcus & Millichap’s (MMI) New Retail Leader a Turning Point for Its Investment Narrative?
Marcus & Millichap has appointed Michael Puline as senior managing director and national director of its retail division, while reporting Q1 2026 revenue of US$171.47 million and a net loss of US$3.1 million. Puline's extensive experience adds depth to the firm, but the primary investment narrative still hinges on improved commercial real estate activity driving sustainable profitability and offsetting fee pressure. The company projects significant revenue and earnings growth by 2029, suggesting a fair value of $28.00, which is currently a 4% downside from its present price.
Marcus & Millichap Q1 2026 Financial Results: Brokerage and Financing Gains - News and Statistics
Marcus & Millichap's Q1 2026 financial results exceeded revenue estimates due to a recovery in commercial real estate transaction activity and strong performance in its financing division. Brokerage revenue increased by nearly 12% year-over-year, and the financing segment saw a 48% gain. Management noted improved market conditions and adjusted seller expectations facilitated large transactions despite ongoing interest rate sensitivity.
A Look At Marcus & Millichap (MMI) Valuation As Recent Performance Tempers Share Momentum
Marcus & Millichap (MMI) has experienced recent share price fluctuations, with a 2.6% drop on the day and 7.4% over the past week, despite longer-term gains. The most popular analyst narrative suggests the stock is near fully priced at $28.00, slightly below its current trading price of $28.18, based on future earnings and revenue expectations. However, another analysis using the P/S ratio indicates the stock might be richly priced compared to its fair ratio and peers, suggesting potential valuation risk.
Marcus & Millichap handle $8.675m sale of the Roosevelt Apartments
Marcus & Millichap has completed the sale of the Roosevelt Apartments, a 73-unit building in downtown New Bedford, MA, for $8.675 million. The property, built in 1924, attracted investment due to its location in the Historic Waterfront District and its value-add potential. Senior managing directors Evan Griffith and Tony Pepdjonovic exclusively marketed the property.
Marcus & Millichap Capital Corporation Secures Financing for Multifamily Property Penny Lane in El Cajon California
Marcus & Millichap Capital Corporation (MMCC) has secured $3,960,000 in financing for Penny Lane apartments, a 14-unit multifamily property in El Cajon, California. The 30-year, fully amortized loan was arranged with a national bank at 65% loan-to-value. The property's diverse unit mix and location near the San Diego employment base contributed to competitive lender interest.
Marcus & Millichap Appoints National Director of Retail Division
Marcus & Millichap has appointed Michael Puline as senior managing director and national director of its retail division. Puline will be responsible for guiding the strategic growth of both Marcus & Millichap's and Institutional Property Advisors’ (IPA) retail divisions. With over 25 years of experience and $8.5 billion in transactions, his expertise is expected to enhance the company's retail platform and client service.
Marcus & Millichap Appoints National Director of Retail Division
Marcus & Millichap has appointed Michael Puline as senior managing director and national director of its retail division. Puline will lead the strategic growth of the firm's retail divisions and advisory teams, leveraging his extensive experience in commercial real estate, including executing over 2,500 leasing and sales transactions totaling $8.5 billion. His expertise is expected to enhance client service and expand the company's market presence in the retail sector.
Marcus & Millichap publishes 2026 New York City Industrial Investment Midyear Outlook
Marcus & Millichap has released its 2026 New York City Industrial Investment Midyear Outlook, indicating a more disciplined phase for the industrial market with significantly fewer deliveries expected. Key findings highlight a stabilization of fundamentals as supply pressure moderates, with vacancy rates forecast to reach 9.1% by year-end 2026. Smaller infill properties and port-adjacent corridors are expected to perform well, while larger, newer logistics properties in Queens and the Bronx continue to face elevated vacancy.
Marcus & Millichap Appoints National Director of Retail Division
Marcus & Millichap has appointed Michael Puline as senior managing director and national director of its retail division. Puline will lead the strategic growth of the firm's retail divisions, leveraging over 25 years of experience in real estate transactions totaling $8.5 billion. His expertise is expected to enhance client service and expand the company's market presence in the retail real estate sector.
Marcus & Millichap Brokers Sale of 13,611-Square-Foot Centerpoint Plaza in Central Texas
Marcus & Millichap has facilitated the sale of Centerpoint Plaza, a 13,611-square-foot multi-tenant retail center in San Marcos, Texas. The property was fully leased at the time of sale to various businesses including Cody’s Restaurant Bar & Patio and a freestanding Starbucks drive-thru. Both the seller and buyer were local private investors.
Marcus & Millichap Arranges $54M Refinancing for Lakeview at Westpark in Metro Houston
Marcus & Millichap has secured a $54 million HUD refinancing loan for Lakeview at Westpark, a 298-unit multifamily property in Richmond, Texas. Brandon Brown of Marcus & Millichap represented Rockstar Capital, the property owner, in the transaction with financing provided by KeyBank. The loan features a fixed rate of 5.3% with 35 years of amortization.
Marcus & Millichap Arranges Sale of 64-Unit Multifamily Property Waterview Apartments in Lawrenceburg Indiana
Marcus & Millichap has announced the sale of Waterview Apartments, a 64-unit multifamily property in Lawrenceburg, Indiana. The sale highlights the strong demand for affordable housing in secondary Midwest markets, with the property offering a stable, income-restricted investment opportunity within the Cincinnati MSA. Matthew Whiteside and Julia Evinger of Marcus & Millichap represented the seller and procured the buyer, both Wisconsin-based entities.
Marcus & Millichap Negotiates Sale of 48,822-Square-Foot Retail Center in Metro Dallas
Marcus & Millichap has successfully negotiated the sale of Market Square, a 48,822-square-foot multi-tenant retail center in Irving, Texas, located near Dallas. Phillip Levy of Marcus & Millichap represented both the seller and a private buyer in the transaction. The center, built in 1984, was fully leased at the time of sale with a mix of service-oriented tenants, including Sarigama Supermarket as its anchor.
Marcus & Millichap Brokers $7.5M Sale of Mixed-Use Property in Manhattan's Theater District
Marcus & Millichap announced the $7.5 million sale of two mixed-use buildings at 140-142 West 46th St. in Manhattan’s Theater District. The 12,675-square-foot property, comprising 11 apartments and a vacant two-level restaurant space, attracted a restaurateur as a buyer, leading to a premium sale price. This transaction marks the first sale of these assets in over 20 years.
Marcus & Millichap (MMI) COO exercises 2,000 RSUs, 1,021 shares withheld for tax
Marcus & Millichap EVP & COO John David Parker exercised 2,000 restricted stock units (RSUs) on May 8, 2026, which converted into common stock. To cover the withholding tax liability, 1,021 common shares were withheld by the company at a reference price of $30.42 per share. Following these transactions, Parker directly holds 42,483 common shares, representing a net increase in his holdings.
Marcus & Millichap Arranges Sale of Best Western Red River Inn
Marcus & Millichap has facilitated the sale of the 49-room Best Western Plus Red River Inn in Clarendon, Texas. Gordon Allred and Chris Gomes from Marcus & Millichap represented the seller, Clarendon Hotel Corporation, and secured the buyer, RP & Sons, Jay and Prince Patel. The transaction highlights the continued activity in the hotel real estate market.
Marcus & Millichap Capital Corporation provides $3.3 million in financing for acquisition of Mount Clemens multifamily property
Marcus & Millichap Capital Corporation secured $3.3 million in financing for the acquisition of Hubbard Oaks, a 60-unit multifamily property located in Mount Clemens, Michigan. The 5-year, fixed-rate loan was arranged by Luke Lamoreaux for a private client. The property is situated 25 miles north of Detroit and offers one- and two-bedroom units with amenities.
Marcus & Millichap Brokers Sale of 30-Unit Student Housing Property Pine Rock Townhomes in Hamden Connecticut
Marcus & Millichap announced the sale of Pine Rock Townhomes, a 30-unit student housing community in Hamden, Connecticut. Located adjacent to Southern Connecticut State University, the property was built in 2012, upgraded in 2022, and was marketed by Eric Pentore, Wes Klockner, and Ross Friedel of Marcus & Millichap. This sale addresses a critical need for student housing in the New Haven submarket.
$54M HUD deal locks 5.3% rate for 298 Houston-area apartments
Marcus & Millichap Capital Corporation (MMCC) arranged a $54 million HUD refinance loan for Lakeview at Westpark, a 298-unit multifamily asset in Richmond, Texas. The financing, secured through KeyBank, features a fixed rate of 5.3% with 35 years of amortization. This deal refinances a floating-rate bridge loan and navigates complexities related to a local Housing Finance Corporation and Texas HB21.
Marcus & Millichap Capital Corporation Arranges $54 Million HUD Refinance for Houston-Area Multifamily Asset
Marcus & Millichap Capital Corporation (MMCC) has secured a $54 million HUD refinance for Lakeview at Westpark, a 298-unit multifamily property in Richmond, Texas, owned by Rockstar Capital. This refinancing converted a floating-rate bridge loan into a fixed-rate HUD loan with a 5.3% interest rate and 35-year amortization, despite complexities arising from a local Housing Finance Corporation structure and Texas HB21. The transaction underscores strong lender confidence in Houston's high-growth submarkets and supports Rockstar Capital's strategy for long-term value creation.
Marcus & Millichap brokers $54.22 million five-property Long Island portfolio sale
Marcus & Millichap has successfully brokered the sale of a five-property, 275,938 s/f multi-tenant industrial portfolio on Long Island for over $54.22 million. The portfolio, unique for its mix of small-bay and mid-bay buildings and diverse tenant base, was sold to Spiegel Associates by the Howard Katz Realty & Construction. This transaction represents a rare acquisition of significant industrial scale in Long Island.
Marcus & Millichap Capital Corporation Arranges $54 Million HUD Refinance for Houston-Area Multifamily Asset
Marcus & Millichap Capital Corporation (MMCC) has secured a $54 million HUD refinance for Lakeview at Westpark, a 298-unit multifamily property in Richmond, Texas. The financing, arranged by Brandon Brown of MMCC for Rockstar Capital through KeyBank, features a fixed rate of 5.3% with 35 years of amortization. This complex transaction navigated challenges including Texas HB21 implementation and successfully converted a floating-rate bridge loan despite a local Housing Finance Corporation (HFC) structure.
Marcus & Millichap Brokers $5.1M Sale of Falcon View Apartments Near St. Paul
Marcus & Millichap has brokered the $5.1 million sale of Falcon View Apartments, a 36-unit multifamily property in Falcon Heights, near the University of Minnesota’s St. Paul campus. The 1968-built asset consists of two buildings totaling 36,768 rentable square feet. Michael Jacobs, Abe Roberts, and Tommy Hartwell represented the local ownership group in the sale to a 1031 exchange buyer.
Marcus & Millichap closes sale of 36-unit apartment property in Falcon Heights
Marcus & Millichap announced the sale of Falcon View Apartments, a 36-unit multifamily property in Falcon Heights, Minnesota, for $5.09 million. The transaction was brokered by Michael Jacobs, Abe Roberts, and Tommy Hartwell. The property, built in 1968, consists of two buildings with various floor plans and is located near the University of Minnesota’s St. Paul campus.
Marcus & Millichap expects Q2 cost of services at 62%-63.5% as it expands share repurchase authorization by $70M
Marcus & Millichap anticipates its Q2 cost of services to be between 62% and 63.5%. This projection comes as the company increases its share repurchase authorization by $70 million, showing a commitment to returning value to shareholders.
Marcus & Millichap (NYSE:MMI) Issues Quarterly Earnings Results, Meets Estimates
Marcus & Millichap (NYSE:MMI) reported quarterly earnings that met Wall Street expectations, with revenue surpassing estimates for the quarter. The company announced EPS of ($0.08) and revenue of $171.5 million, highlighting an 18.3% year-over-year increase in revenue and improved financing and brokerage activity. Despite macro and market risks, Marcus & Millichap maintains a strong balance sheet with $335 million in cash and no debt, continuing capital returns through buybacks and dividends.
Is Marcus & Millichap (MMI) Turning Higher Revenue Into a More Resilient Investment Story?
Marcus & Millichap (MMI) reported increased revenue and a narrower net loss in Q1 2026, suggesting operational improvements despite still being in a loss-making position. The company's investment narrative heavily relies on healthy commercial real estate transaction activity, with current forecasts projecting significant revenue and earnings growth by 2029. However, the business remains exposed to market cyclicality and fee pressure, with its fair value currently estimated to have a 5% downside from its present price.
Is Marcus & Millichap (MMI) Turning Higher Revenue Into a More Resilient Investment Story?
Marcus & Millichap (MMI) reported increased first-quarter 2026 revenue and a narrowed net loss, indicating early operational improvements. Despite this progress, the company remains loss-making and is heavily reliant on commercial real estate transaction activity for profitability. Investors need to consider the market cyclicality and fee pressure as core risks to Marcus & Millichap's investment narrative.
Marcus & Millichap, Inc. (NYSE:MMI) Q1 2026 Earnings Call Transcript
Marcus & Millichap (NYSE:MMI) reported a strong start to 2026 with 18% revenue growth in Q1, driven by improving market conditions, a robust recovery in its private client business, and momentum in its financing division. The company saw a 12% increase in brokerage revenue and a 48% increase in financing business revenue, contributing to an adjusted EBITDA of nearly $3 million, up from a nearly $9 million loss a year ago. MMI completed nearly 1,400 brokerage transactions, a 15% increase, and maintains a strong balance sheet with $335 million in cash and no debt, allowing for continued investment, strategic acquisitions, and capital returns to shareholders.
Marcus & Millichap Brokers Sale of Retail Property in McDonough, Georgia Leased to Heartland Dental
Marcus & Millichap's Taylor McMinn Retail Group has brokered the sale of a freestanding retail property in McDonough, Georgia. The property is occupied by Heartland Dental under a 10-year corporate lease with rent increases. An out-of-state, all-cash 1031 exchange buyer purchased the property from a preferred developer for Heartland Dental.
Marcus & Millichap Brokers $3M Sale of Student Housing Property in Washington D.C
Marcus & Millichap announced the $3 million sale of a 24-bed, six-unit student housing property located near The Catholic University of America in Washington D.C. The firm's D.C. office represented the seller, noting sustained private investor interest in well-located student housing assets. Built in 2014, the fully furnished property is 6,165 square feet and is within walking distance of the university, Metro station, and local amenities.
Marcus & Millichap expects Q2 cost of services at 62%-63.5% as it expands share repurchase authorization by $70M
Marcus & Millichap (MMI) anticipates its Q2 cost of services to be between 62% and 63.5%. The company also announced an expansion of its share repurchase authorization by $70 million, signaling confidence in its financial health and a commitment to returning value to shareholders.
Marcus & Millichap: Q1 Earnings Snapshot
Marcus & Millichap Inc. (MMI) reported a first-quarter loss of $3.1 million, translating to a loss of 8 cents per share. The commercial real estate brokerage firm announced revenues of $171.5 million for the period. This financial summary was generated using data from Zacks Investment Research.
Marcus & Millichap: Q1 Earnings Snapshot
Marcus & Millichap Inc. (MMI) reported a loss of $3.1 million in its first quarter, translating to a loss of 8 cents per share. The commercial real estate brokerage firm also announced revenues of $171.5 million for the period. This financial summary was compiled using data from Zacks Investment Research.
Marcus And Millichap (MMI) Q1 Loss Renews Questions On Path To Forecast Profitability
Marcus & Millichap (MMI) reported a Q1 2026 loss of US$0.08 EPS and a US$3.1 million net loss, with trailing twelve-month revenue at US$781.6 million and a near break-even net loss. This performance raises questions about the company's path to forecasted profitability, especially given the historical swings between profits and losses. Investors are weighing the current valuation against growth forecasts and dividend coverage, considering both optimistic long-term growth potentials and cautious concerns over inconsistent earnings.
Marcus & Millichap Facilitates $5.09M Sale of 36-Unit Multifamily Property Near University of Minnesota’s St. Paul Campus
Marcus & Millichap announced the sale of Falcon View Apartments, a 36-unit multifamily property in Falcon Heights, Minnesota, for $5.09 million. The property, located near the University of Minnesota’s St. Paul campus, attracted 1031 exchange buyers due to its renovated interiors, in-place yield, and desirable location. Investment specialists Michael Jacobs, Abe Roberts, and Tommy Hartwell facilitated the transaction.
Marcus & Millichap Static on Q1 Results
Marcus & Millichap (MMI) reported its first-quarter financial results, showing an 18.2% increase in total revenue to $171.5 million. The company significantly improved its pre-tax loss by 84.4% and saw adjusted EBITDA improve by 133.7%, despite reporting a net loss of $3.1 million. CEO Hessam Nadji attributed the strong quarter to investments and improving market conditions.
Marcus & Millichap, Inc. 2026 Q1 - Results - Earnings Call Presentation (NYSE:MMI) 2026-05-07
Marcus & Millichap, Inc. (MMI) has released its Q1 2026 earnings call presentation. The company reported an EPS of -$0.08, beating estimates by $0.00, and revenue of $171.47M, an 18.22% year-over-year increase, beating by $9.27M. This article provides access to the slide deck published in conjunction with their earnings call.
Marcus & Millichap (NYSE:MMI) Beats Expectations in Strong Q1 CY2026
Marcus & Millichap (NYSE:MMI) announced better-than-expected revenue in Q1 CY2026, with sales up 18.2% year on year to $171.5 million, exceeding analyst estimates. While GAAP EPS was in line with expectations at -$0.08, the company's operating margin remained negative. Despite past long-term weak revenue and EPS growth, analysts forecast a flip to positive EPS in the next 12 months, viewing the Q1 results as a good print with areas of upside.
Marcus & Millichap Capital Corp. Arranges $3.3 Million Financing for Michigan Multifamily Property
Marcus & Millichap Capital Corporation (MMCC) secured $3.3 million in financing for the acquisition of Hubbard Oaks, a 60-unit multifamily property in Mount Clemens, Michigan. The 5-year, fixed-rate loan was arranged by Luke Lamoreaux from MMCC's Detroit office on behalf of a private client. This financing provides long-term fixed-rate debt for the well-located property.
