Marcus & Millichap Brokers $3.1M Sale of Dutch Bros-Occupied Retail Property in Indiana
Marcus & Millichap has successfully brokered the $3.1 million sale of a newly constructed retail property in Valparaiso, Indiana, fully leased to Dutch Bros. The 2,495-square-foot building is strategically located as a Target outlot and operates under a new 15-year absolute triple-net lease. The transaction involved an Indiana-based buyer and a Midwest developer as the seller, closing at over 96 percent of the listing price.
Marcus & Millichap Arranges Sale of Multifamily Apartment Property in Greenville South Carolina Suburb
Marcus & Millichap announced the sale of Windy Hill Apartments, a 12-unit multifamily property in Piedmont, South Carolina, for $2,315,000. The transaction, facilitated by Carson Ford, Ryan Lipomi, and William Graves Jr., underscores strong demand for well-located, mid-sized multifamily assets in the Greenville Metropolitan Statistical Area. The seller, BRAM Windy Hill Asset, LLC, an affiliate of Blue Ridge Asset Management, successfully transformed the struggling asset into a stabilized community after extensive renovations in 2023.
Marcus & Millichap Brokers Sale in Kerrville, Texas
Marcus & Millichap has brokered the sale of Park Hill, a 49-unit property in Kerrville, Texas. The buyer, based in Boerne, Texas, plans to renovate the 1977-built property located at 815 Ranchero Road. The financial details and identities of the buyer and seller were not disclosed.
Marcus & Millichap Brokers $19.25M Sale of Multifamily Property in Fort Lauderdale Suburb
Marcus & Millichap has brokered the sale of Tahiti Gardens, a 112-unit multifamily property in Lauderdale Lakes, Florida, for $19.25 million. Despite a selective investment environment, the sale demonstrates strong demand for quality multifamily assets. The property, consisting of two buildings constructed in 1971, features a mix of one and two-bedroom units, an on-site swimming pool, and a playground, and is strategically located near major roadways and commercial corridors.
Marcus & Millichap Arranges $2.1M Sale of Medical Office Property in Grand Rapids
Marcus & Millichap has facilitated the $2.1 million sale of the East Paris Medical Center, a 10,011-square-foot medical office building in Grand Rapids, Michigan. The property, anchored by Trinity Health Michigan, was sold by a local private investor and retired physician. Seth Haron, Ashish Vakhariya, and Darin Gross of Marcus & Millichap represented the seller.
Marcus & Millichap Brokers $5.3 Million Sale of Retail, Office Property in Westfield, New Jersey
Marcus & Millichap has brokered the sale of a 17,831-square-foot retail and office building in Westfield, New Jersey, for $5.3 million. The three-story property, located at 251 North Avenue West, was renovated in 2014 and includes nine suites with tenants such as Columbia Bank and the State of New Jersey. Brokers Alan Cafiero, David Cafiero, and Damien Rance represented the seller and secured a private buyer for the mixed-use property.
Pzena Investment Management LLC Purchases New Shares in Marcus & Millichap, Inc. $MMI
Pzena Investment Management LLC has acquired a new stake of 2.14 million shares in Marcus & Millichap, Inc. (NYSE:MMI), valued at approximately $66.7 million, giving it a 5.66% holding in the company. Despite Marcus & Millichap exceeding Q2 earnings expectations with an EPS of $0.10 and revenue of $202.91 million, analysts maintain a consensus "Sell" rating with an average price target of $28. Institutional investors collectively own 62.78% of the real estate investment trust.
Marcus & Millichap Brokers $7.98M Sale of 30-Unit Multifamily Property in West Hollywood California
Marcus & Millichap has brokered the sale of a 30-unit multifamily property in West Hollywood, California, for $7.98 million, or $266,000 per unit. The property, located at 1203 N. Kings Road, was sold to a buyer presented with a value-add opportunity to renovate vacant units and improve operations. West Hollywood continues to experience strong rental demand due to limited housing supply and its proximity to major employment and lifestyle destinations.
Marcus & Millichap Shares Jump After Swing to Profit, But Valuation Questions Linger
Marcus & Millichap (MMI) recently reported a swing to profit in Q2 2026, with net income of $3.91 million on $202.92 million revenue, leading to a jump in share price. Despite share buybacks and a maintained dividend, a valuation framework suggests the stock might be trading about 11% above its fair value of $28.00. The company faces ongoing risks due to its reliance on transaction-driven commissions and potential fee pressure, despite projecting significant revenue and earnings growth by 2029.
Marcus & Millichap Announces Sale of Staybridge Suites Las Cruces
Marcus & Millichap has announced the sale of a 115-room Staybridge Suites hotel in Las Cruces, New Mexico. The transaction was facilitated by investment specialists Skyler Cooper and Chris Gomes, and New Mexico broker of record Ryan Sarbinoff, who represented the seller and procured the buyer, Northrise, LLC, and Vetri Management Inc. The hotel is equipped for both business and leisure travelers, offering amenities such as a full-size refrigerator in each unit, a resort-style pool, complimentary breakfast, and meeting space.
Marcus & Millichap Brokers $7.2M Sale of Multifamily Asset in Miami
Marcus & Millichap announced the $7.2 million sale of Sun King Apartments in Miami to a local investor. The 39-unit multifamily property, built in 1966, was sold in an off-market transaction by Marcus & Millichap’s Fort Lauderdale office, with Felipe Echarte, Evan Kristol, and Austin Michels representing the seller. This acquisition expands the buyer's operational footprint in the North Miami market.
How Investors May Respond To Marcus & Millichap (MMI) Earnings Return, Dividend Reaffirmation And Buybacks
Marcus & Millichap (MMI) recently reported a return to profitability in Q2 2026 with US$202.92 million in revenue and US$3.91 million net income, along with continued share repurchases and a reaffirmed US$0.25 per-share dividend. The company is diversifying into leasing and appraisal services to broaden revenue streams beyond its reliance on cyclical commercial real estate transactions. While the return to profit is encouraging, the company's investment narrative is still heavily influenced by the volatile nature of brokerage commissions, tempered by its capital return strategies.
Marcus & Millichap (MMI) Stock Looks Stretched On Its 17% YTD Rise
Marcus & Millichap (MMI) stock has risen 17% year-to-date, but valuation checks and intrinsic value estimates suggest the shares are trading at a premium and are overvalued. Both Discounted Cash Flow (DCF) analysis and P/E ratio comparisons indicate the stock is expensive relative to its estimated intrinsic value and industry peers. The article questions whether current pricing can be justified by future commercial real estate activity and margins.
How Investors May Respond To Marcus & Millichap (MMI) Earnings Return, Dividend Reaffirmation And Buybacks
Marcus & Millichap (MMI) recently returned to profitability in Q2 2026, reporting increased revenue and net income. The company reaffirmed its US$0.25 per-share dividend and is focusing on diversifying revenue through leasing and appraisal services, alongside ongoing share buybacks. This strategy aims to balance shareholder returns with efforts to broaden revenue sources beyond its core transaction-based brokerage activities, which are susceptible to commercial real estate market fluctuations.
5 Revealing Analyst Questions From Marcus & Millichap’s Q2 Earnings Call
Marcus & Millichap's Q2 earnings call revealed significant improvements in brokerage and financing, with revenue and non-GAAP profitability surpassing Wall Street expectations. Key analyst questions focused on competitive pressures, new hire composition, diversification into new business lines like leasing and appraisal, margin improvement strategies, and the potential to return to peak profitability levels. The company's management expressed confidence in sustained margin recovery through client outreach, improved trading volumes, and strategic expansion.
Marcus & Millichap (MMI) After Its Profit Return And Dividend Why Valuation Still Looks In Focus
Marcus & Millichap (MMI) has returned to profit, completed a multi-year share buyback, and declared a new dividend, drawing investor attention. Despite these positive developments, the company's current share price of $31.58 is considered overvalued compared to its fair value estimate of $28.00. The narrative for this fair value hinges on rising revenues, improved margins, and future earnings growth, but is sensitive to potential weaknesses in transaction-driven revenue or fee compression.
Marcus & Millichap Brokers $7 Million Sale of Retail, Office Property in Northern New Jersey
Marcus & Millichap has successfully brokered the $7 million sale of a 26,240-square-foot retail and office property in Livingston, New Jersey. Built in 1970, the property comprises 19 units, 75 parking spaces, and a newly constructed car wash, and was 92 percent leased at the time of sale. Alan Cafiero, David Cafiero, and Damien Rance of Marcus & Millichap represented both the seller and the buyer in the transaction.
Marcus & Millichap Brokers $5M Sale of Single-Tenant Retail Property in Alameda, California
Marcus & Millichap has facilitated the $5 million sale of a single-tenant retail property in Alameda, California. The 3,000-square-foot building is occupied by Peet’s Coffee & Tea under a 10-year lease with annual rent increases. Mark Mason of Marcus & Millichap represented the buyer, a California-based private corporate trust, while Brandon Norton and David Lucas of Monarch Commercial Advisors represented the seller, a California-based private client.
Marcus & Millichap arranges $5m sale of industrial warehouse at 93 Mystic Ave., Medford, MA
Marcus & Millichap has successfully arranged the $5 million sale of an industrial property located at 93 Mystic Ave. in Medford, MA. The 19,278 sq ft property, comprising two buildings and designed for food processing, was sold to a private family. The asset's core location and redevelopment potential due to its MX-2 zoning attracted significant interest.
Quantinno Capital Management LP Acquires 40,335 Shares of Marcus & Millichap, Inc. $MMI
Quantinno Capital Management LP significantly increased its stake in Marcus & Millichap (NYSE:MMI) by 348.4% in the first quarter, acquiring an additional 40,335 shares to bring its total holding to 51,913 shares. The real estate investment trust reported strong financial results, beating analysts' consensus estimates for both EPS ($0.10 vs. $0.03) and revenue ($202.91 million vs. $194.30 million). Despite the stock trading above the average analyst price target, the company currently holds an average "Sell" rating from analysts, though some have recently upgraded their outlooks.
Marcus & Millichap arranges $3.9 million sale of 56,000 s/f 470 Pine St.
Marcus & Millichap successfully brokered the sale of 470 Pine St., a 56,000 square foot multi-tenant building in downtown Manchester, NH, for $3.9 million. The property, originally built in 1924 and converted from a mill to a school, is fully occupied by three educational institutions. The sale highlights out-of-state investment capitalizing on New Hampshire's strong rent growth and absorption market.
Marcus & Millichap Arranges Sale of 490-Unit Multifamily Property in Saint Louis Missouri
Marcus & Millichap has announced the sale of Trinity Park Apartments, a 490-unit multifamily property in North St. Louis, through an online live bid auction. The property was identified as a significant value-add opportunity due to its below-market occupancy, offering substantial lease-up potential for the new owners. Located at 11065 Dunklin Drive, the property spans 24.08 acres and includes 34 residential buildings with a variety of amenities.
Marcus & Millichap Brokers Sale of 31-Unit Multifamily Apartment Property in the Kansas City
Marcus & Millichap has brokered the sale of Creekside Village, a 31-unit multifamily property in Grain Valley, Missouri, to a Kansas City-based investor. The property, located in a fast-growing suburban market, was attractive due to its well-maintained condition and potential for rent growth. Investment specialists Jacob Carroll and Aaron Kuroiwa handled the exclusive listing for the seller.
Schroder Investment Group (MMI) discloses 6.0% Marcus & Millichap ownership stake
Schroder Investment Management Group has reported a beneficial ownership stake of 6.0% in Marcus & Millichap Inc. (MMI), totaling 2,285,406 shares. This includes sole voting and dispositive power over 362,413 shares. The ownership is distributed among affiliated entities, with Schroder Investment Management Limited holding 2.8% and Schroder Investment Management (Europe) S.A. holding 3.2% of the common shares.
Marcus & Millichap Arranges $2.4M Multifamily Sale in Quincy Massachusetts
Marcus & Millichap has successfully arranged the sale of The Residences at Des Moines Road, a seven-unit multifamily property in Quincy, Massachusetts, for $2.4 million. The property, built in 2005, attracted significant interest due to its modern features and was ultimately sold to an all-cash 1031-exchange buyer. This sale highlights the strong demand for well-located multifamily assets in the Boston metropolitan area.
Marcus & Millichap Negotiates Sale of Baybury Square Shopping Center Portfolio in Metro Dallas
Marcus & Millichap has successfully negotiated the sale of the Baybury Square Shopping Center portfolio in Richardson, Texas. The 51,542-square-foot retail property, consisting of two multi-tenant centers and two freestanding buildings, was approximately 64 percent leased at the time of sale. A local real estate developer purchased the portfolio with plans to rebrand and redevelop the assets.
Marcus & Millichap Brokers $16.5M Sale of Two Student Housing Assets in Clemson South Carolina
Marcus & Millichap has successfully brokered the $16.5 million sale of two student housing properties, The Den at Clemson East and The Den at Clemson West, located in Clemson, South Carolina. These properties, totaling 146 units, were acquired by a South Carolina-based buyer from Pierce Education Properties. The sale highlights the strong interest in the Clemson student housing market and provides the new owner with flexibility to switch between by-the-bed and conventional multifamily rent models.
Marcus & Millichap brokers $7M sale of mixed-use property in Livingston near Route 10 Circle
Marcus & Millichap has brokered the sale of a 26,240-square-foot mixed-use retail center in Livingston, New Jersey, for $7.05 million. The property, located at 107 E. Mount Pleasant Ave., was 92% occupied at the time of sale and includes retail and office suites, along with a newly constructed car wash. This sale highlights strong investor demand for well-located mixed-use properties in affluent Northern New Jersey communities with barriers to new development.
Marcus & Millichap Arranges $5 Million Sale of Single-Tenant Retail Property in Alameda, California
Marcus & Millichap has facilitated the $5 million sale of a single-tenant retail property in Alameda, California. The 3,000-square-foot building is occupied by Peet’s Coffee & Tea under a 10-year lease with annual rent increases. A California-based private corporate trust acquired the property, while a California-based private client sold it.
Marcus & Millichap Capital secures $9.79 million for 13,575 s/f mixed-use
Marcus & Millichap Capital Corp. (MMCC) has secured $9.79 million in financing for the acquisition of a 13,575 sq ft mixed-use property in Brooklyn, NY. The financing was a five-year, fixed-rate non-recourse loan with interest-only payments for five years at 60% loan-to-value. The property features ground-floor retail and 11 multifamily units, located near the East River waterfront.
Marcus & Millichap Brokers $14.7 Million Sale of Retail Center in Central New Jersey
Marcus & Millichap has successfully brokered the sale of Park Plaza, a 61,750-square-foot retail center in Matawan, New Jersey, for $14.7 million. The property, built in 1986, features 20 retail suites with diverse tenants, including a Dunkin' with a drive-thru. Seth Goldberg, Brent Hyldahl, and Alan Cafiero represented both the New Jersey-based private seller and buyer in the transaction.
Marcus & Millichap posts retail real estate overview, outlook presentation
Marcus & Millichap has published an overview and outlook presentation on retail real estate, characterizing it as a "rebirth" due to increased post-pandemic demand and tighter space conditions. The presentation highlighted key brokerage and financing metrics for 2025, a projected 5% retail vacancy in 2026, and a significant shift towards nonstore retail sales. This news brief was generated by Public Technologies using AI, based on original content from Marcus & Millichap Inc.
Marcus & Millichap posts retail real estate overview, outlook presentation
Marcus & Millichap released an overview and outlook presentation highlighting the "rebirth" of retail real estate due to stronger post-pandemic demand and tighter space conditions. The presentation included key brokerage and financing metrics for 2025, such as $34.8 billion in sales volume and $11.9 billion in loan origination. It also projected a 5% retail vacancy for 2026 and noted a shift in sales mix towards nonstore retail.
Marcus & Millichap Q2 Earnings Call Highlights
Marcus & Millichap reported a strong Q2 2026 recovery with revenue up 18% to $203 million and net income of $4 million, compared to an $11 million loss a year prior. This growth was driven by increased brokerage and financing activities across private-client, middle-market, and large deals. The company also authorized additional share repurchases and declared a semiannual dividend, while management noted cautious optimism due to interest rate volatility but improved liquidity and realistic pricing.
90,666 Shares in Marcus & Millichap, Inc. $MMI Purchased by Pacer Advisors Inc.
Pacer Advisors Inc. recently acquired 90,666 shares of Marcus & Millichap (NYSE: MMI), valued at approximately $2.41 million, increasing institutional ownership to 62.78%. The real estate investment trust reported stronger-than-expected quarterly earnings and revenue, and announced a dividend of $0.25 per share. Despite beating earnings estimates, analyst sentiment remains cautious with an average "Sell" rating and a consensus price target below its current trading price.
Marcus & Millichap (MMI) Stock Rallies Back To Profit As Valuation Questions Linger
Marcus & Millichap (MMI) returned to profitability in Q2 2026 with an 18% revenue increase and positive EPS, recovering from previous losses. Despite this, the stock's high P/E multiple and lingering concerns about cyclicality, free cash flow, and talent churn present a mixed picture for investors. The company's operational improvements, such as increased brokerage revenue and flat SG&A, validate some bullish arguments, while bear concerns about sustained profitability and market volatility remain.
Marcus & Millichap publishes investor presentation on CRE investment sales, financing brokerage strategy and 2025 performance
Marcus & Millichap's investor presentation outlined a strategic plan focusing on recruitment, proprietary technology, targeted acquisitions, and expanding financing operations. The company projects 2025 revenues of $755 million, a total transaction volume of $51 billion, and 8,818 transactions. Despite a net loss of $2 million, adjusted EBITDA is anticipated to reach $24.61 million.
Marcus & Millichap, Inc. Q2 2026 Earnings Call Summary
Marcus & Millichap, Inc. (MMI) reported an 18% total revenue growth in Q2 2026, driven by strong performance across all business segments, particularly a 43% jump in larger transaction revenue and 15% growth in financing revenue. The company attributes this recovery to persistent client outreach, healthier lender balance sheets, and strategic investments made during the market downturn. Looking forward, MMI plans for organic growth through expanded internship programs, scaling IPA Capital Markets, and exploring strategic acquisitions in the financing sector.
Marcus & Millichap Brokers $9.5 Million Sale of Single-Tenant Retail Property in Walterboro, South Carolina
Marcus & Millichap has facilitated the sale of a newly constructed gas station and convenience store in Walterboro, South Carolina, for $9.5 million. The 4,824-square-foot property is occupied by 7-Eleven and a CAT Scale weigh station. Haris Hanifi and Robert Filley of Marcus & Millichap represented the buyer in the transaction, with Benjamin Yelm serving as the broker of record in South Carolina.
Marcus & Millichap Brokers Sale of 984-Unit Self-Storage Facility in Phoenix
Marcus & Millichap has successfully brokered the sale of a 984-unit Extra Space Storage facility in Phoenix, Arizona. The facility, built in 2021, offers fully climate-controlled units and a range of security features. The LeClaire-Schlosser Group of Marcus & Millichap represented the seller in this transaction.
Marcus & Millichap (NYSE: MMI) lifts Q2 revenue and expands buybacks
Marcus & Millichap reported a strong Q2 2026 financial performance, with total revenue increasing to $202.9 million, up 17.8% from the previous year, driven by higher real estate brokerage commissions and financing fees. The company also turned a net loss of $11.0 million in Q2 2025 into a net income of $3.9 million in Q2 2026. Furthermore, Marcus & Millichap expanded its share repurchase program by an additional $70 million, bringing the total authorized amount to $210 million, and declared a semi-annual dividend of $0.25 per share.
Marcus & Millichap, Inc. Q2 2026: Revenue $202.9M, EPS $0.1— 10-Q Summary
Marcus & Millichap, Inc. (MMI) reported strong second-quarter 2026 results with revenue of $202.9 million, an increase of 17.8% year-over-year, and a net income of $3.9 million, reversing a loss from the prior-year quarter. Diluted EPS stood at $0.10. The company's growth was fueled by higher brokerage commissions and financing fees, with a significant contribution from larger transactions and continued leadership in the private client market.
Press Release: Marcus & Millichap, Inc. Reports Preliminary Results for Second Quarter 2026
Marcus & Millichap, Inc. has released its preliminary results for the second quarter of 2026. This announcement provides an early look into the company's financial performance for the recent quarter. The full details will likely be disclosed in an upcoming official earnings report.
Marcus & Millichap Brokers $5.3M Sale of Multifamily Property in Miami Beach Florida
Marcus & Millichap has announced the sale of an 24-unit multifamily property in Miami Beach, Florida, for $5.3 million. The property was purchased by a New York-based private investment group, indicating continued strong demand from nonlocal investors for South Florida real estate. The asset, built in 1948, is strategically located near public transportation and local attractions.
Marcus & Millichap, Inc. Reports Preliminary Results for Second Quarter 2026
Marcus & Millichap, Inc. (MMI) announced strong preliminary results for the second quarter of 2026, with total revenue increasing by 17.8% to $202.9 million and net income reaching $3.9 million, or $0.10 per diluted share, a significant improvement from a net loss in the prior year. The company attributed this growth to internal initiatives, a recovery in the private client market, and increased transaction activity in commercial real estate. MMI also declared a semi-annual dividend of $0.25 per share and continued its share repurchase program, demonstrating confidence in its long-term growth despite potential market challenges.
Marcus & Millichap Brokers $3.3M Sale of Retail Center in Metro Charlotte, North Carolina
Marcus & Millichap has brokered the sale of Village Shoppes, a 12,075-square-foot retail strip center in Indian Trail, North Carolina, for $3.3 million. The property, located near a Walmart Supercenter, was fully leased at the time of sale and was acquired by a fund-based private equity group from a West Coast partnership. Harrison Creason, Andrew Margulies, and Kyle Carpentier of Marcus & Millichap represented the seller.
Marcus & Millichap (MMI) Q2 Results Put Its Valuation Back In Focus
Marcus & Millichap (MMI) reported its Q2 2026 results, showing a return to profitability and continued capital returns through buybacks and dividends, which garnered fresh attention. While the company's stock has seen recent positive momentum, Simply Wall St's analysis suggests it is 11.6% overvalued with a fair value of $28.00 compared to its current price of $31.24. The article advises investors to review underlying data and potential risks despite the positive business drivers, especially given the company's reliance on transaction-driven brokerage fees.
Marcus & Millichap Q2 2026 slides: profitability returns amid CRE recovery
Marcus & Millichap reported a significant return to profitability in Q2 2026, beating analyst expectations with revenue of $202.9 million, up 17.8% year-over-year. The company saw net income turn positive to $3.9 million from an $11.0 million loss, and Adjusted EBITDA surged 732.6% to $12.1 million, driven by accelerated commercial real estate transaction activity. This turnaround reflects improving market conditions and Marcus & Millichap's strong position in the private client segment, despite ongoing macroeconomic uncertainties.
Marcus & Millichap, Inc. 2026 Q2 - Results - Earnings Call Presentation (NYSE:MMI) 2026-08-06
Marcus & Millichap, Inc. (MMI) released its Q2 2026 earnings call presentation. The slide deck provides detailed results discussed during the call. The article was prepared by SA Transcripts, which focuses on publishing quarterly earnings call transcripts.
Marcus & Millichap Brokers Sale of Six-Property Self-Storage Portfolio in Oregon
Marcus & Millichap has successfully brokered the sale of a six-property self-storage portfolio in Oregon, comprising 3,545 units across 537,962 square feet. The portfolio, known as Secure Storage, includes facilities in Ashland, Bend, Prineville, Redmond, Hood River, and Hillsboro, with two properties offering land for future expansion. Adam Schlosser, Keith Phillips, Dean Trammell, and David Tabata of Marcus & Millichap facilitated the transaction.
