LA Brentwood apartments fetch $825K each in $49M sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Luxe Villas, a 60-unit multifamily asset in Brentwood, Los Angeles, for $49,494,000, or $824,900 per unit. TruAmerica Multifamily was the buyer, with IPA executive managing directors Kevin Green, Joseph Grabiec, and Gregory Harris representing the seller and procuring the buyer. The acquisition financing was arranged by IPA Capital Markets, highlighting a competitive lender environment for quality assets in affluent submarkets like Brentwood.
The Top 5 Analyst Questions From Marcus & Millichap's Q4 Earnings Call
Marcus & Millichap exceeded Q4 expectations, driven by late deal closings, increased private client urgency for tax incentives, and effective lender outreach. CEO Hessam Nadji emphasized growth in brokerage and financing teams and resilience despite high-interest rates. The article highlights key analyst questions regarding AI disruption, broker headcount growth, acquisition strategy, and cross-selling, along with future catalysts for the company.
272 Santa Maria apartments sell for $75M, slated as affordable housing
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Hancock Terrace, a 272-unit multifamily property in Santa Maria, California, for $75 million. The property was sold to Step Up Housing in partnership with Sack Capital Partners and Align Financing Partners, with a strategic plan to convert it into affordable housing. This transaction marks one of the largest suburban core asset sales in Santa Barbara County in the last 25 years.
Institutional Property Advisors Brokers $75M Central Coast California Multifamily Asset Sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale of Hancock Terrace, a 272-unit multifamily property in Santa Maria, California, for $75 million. The property, built in 2016, was sold by HT Partners, L.P. and acquired by Step Up Housing in partnership with Sack Capital Partners and Align Financing Partners, with a strategic plan to convert it to affordable housing. This transaction represents one of the largest suburban core asset sales in Santa Barbara County in the last 25 years.
Marcus & Millichap hosts NYC multifamily investment webcast
Marcus & Millichap will host a live webcast on March 18, 2026, at 11 AM PT / 2 PM ET, focusing on investment opportunities in New York City's multifamily sector. The event aims to provide insights into how leading investors are navigating the current regulatory environment. Participants will learn strategies for capitalizing on opportunities within this market and are encouraged to register.
Marcus & Millichap Negotiates $2.9M Sale of Retail Strip Center in Mount Prospect, Illinois
Marcus & Millichap has successfully negotiated the sale of a 22,910-square-foot retail strip center in Mount Prospect, Illinois, for $2.9 million. A local investor, who operates a chain of grocery stores, purchased the property with plans to improve its physical condition and lease second-floor space. The transaction was facilitated by Mitchell Kiven, Coult Greenwell, Eric Abbott, and Zachary Taylor of Marcus & Millichap, representing both the seller and the buyer.
Marcus & Millichap signals optimism for 2026 with 8.5% revenue growth and AI-driven efficiency focus
Marcus & Millichap anticipates an 8.5% revenue growth for 2026, driven by an expected rebound in commercial real estate following interest rate cuts. The company plans to leverage AI and process improvements to enhance efficiency and maintain its competitive edge. This forward-looking strategy positions Marcus & Millichap for increased profitability and market dominance.
Marcus & Millichap Negotiates $40.5M Sale of Hilton-Branded Hotel in Downtown Baton Rouge
Marcus & Millichap has facilitated the $40.5 million sale of the 291-room Hilton Baton Rouge Capital Center in downtown Baton Rouge. Orlando-based Northshore Development acquired the Hilton-branded hotel, which offers amenities such as an on-site restaurant, swimming pool, and fitness center. Chase Dewese, Jack Davis, and Joce Messinger represented the buyer in the transaction, with Steve Greer serving as the broker of record.
Marcus & Millichap Arranges Sale of Boutique Casa Apartments in Broward County
Marcus & Millichap has announced the sale of Casa Apartments, a 12-unit boutique apartment building in Pembroke Pines, Florida, for $2,352,000. The property, built in 1973, features recent improvements including a new roof, impact windows, and exterior repainting. Investment specialists from Marcus & Millichap's Fort Lauderdale office marketed the property and procured the buyer.
Marcus & Millichap's (NYSE:MMI) Dividend Will Be $0.25
Marcus & Millichap (NYSE:MMI) has announced a dividend payment of $0.25 per share on April 3rd, resulting in a 1.9% dividend yield. While the company generates healthy free cash flows to cover the dividend despite not being profitable, projections indicate potential struggles to maintain future payments, with the payout ratio possibly reaching 240% due to a significant five-year EPS decline. Investors are advised to be cautious due to the short payment history and potential unreliability of future dividends.
Marcus & Millichap, Inc. (NYSE:MMI) Q4 2025 Earnings Call Transcript
Marcus & Millichap (NYSE: MMI) reported strong Q4 and full-year 2025 results, showing significant recovery with an 8.5% revenue growth for the year and adjusted EBITDA of $25 million. The company exceeded earnings expectations, with reported EPS at $0.3416 against expectations of $-0.075. MMI highlighted increased sales force growth, improved capital markets conditions, and the strong performance of its financing business as key drivers of success, while also addressing concerns regarding AI's impact on the commercial real estate brokerage industry.
Marcus & Millichap Brokers Sale of Mixed-Use Building in Hoboken
Marcus & Millichap announced the sale of a mixed-use retail and residential building located at 312 Washington Street in Hoboken, New Jersey for $3,470,000. This is the third successful closing on Washington Street in 60 days for Devin Perez and his team from the firm's New Jersey office. The property consists of one ground-floor retail space and two residential apartments and was delivered fully vacant.
Marcus & Millichap (MMI) Q3 EPS Turn To Profit Tests Bearish Profitability Narratives
Marcus & Millichap (MMI) reported Q3 FY 2025 results with revenue of US$193.9 million and a slight positive EPS, an improvement from a loss in Q3 2024. While the company returned to quarterly profit, its trailing twelve-month figures still show a net loss and thin margins, raising questions about sustained profitability despite analyst forecasts for strong growth. Valuation debates highlight a P/S ratio above peers but below the industry, and a DCF fair value that suggests undervaluation, yet concerns persist regarding widening losses, dividend coverage, and reliance on transaction commissions.
MMI Q4 2025 Earnings Soar: Real Estate Sales Surge 8.5%
Marcus & Millichap (MMI) reported impressive Q4 2025 earnings, with total revenue reaching $244.0 million, an 8.5% year-over-year increase, and net income surging by 57.0%. The growth was primarily driven by an 8.2% jump in transaction volume and an expanded agent network, leading to improved profitability and market share gains. Management anticipates continued growth in the commercial real estate services sector, with a positive outlook for 2026.
Marcus & Millichap Brokers Multifamily Sale of Arrowhead Apartments in Suburban Chicago
Marcus & Millichap announced the sale of Arrowhead Apartments, a 200-unit property in Palatine, Illinois, for which it brokered the deal. The property includes 160 market-rate units and 40 units with a Housing Assistance Payments contract, having undergone a multi-million-dollar renovation between 2019 and 2021. Scott Harris represented the seller, a joint venture with Hispanic Housing Development Corporation, and procured the buyer, Artisan Capital Group in partnership with Eastham Capital.
Marcus & Millichap signals optimism for 2026 with 8.5% revenue growth and AI-driven efficiency focus
Marcus & Millichap anticipates an 8.5% revenue increase in 2026, driven by a recovering commercial real estate market and strategic market share gains. The company is also heavily investing in AI and data analytics to boost operational efficiency and client service. This forward-looking strategy aims to capitalize on improved market conditions and technological advancements.
Earnings call transcript: Marcus & Millichap beats Q4 2025 EPS forecast
Marcus & Millichap (MMI) reported strong fourth-quarter 2025 earnings, with an EPS of $0.34, significantly beating the forecast of $0.24, despite revenue of $244 million slightly missing expectations. The company saw a 1.2% stock price increase in pre-market trading and a 55% year-over-year rise in net income for Q4. CEO Hessam Nadji expressed optimism for 2026, citing improved market fundamentals and strategic investments in talent and technology, particularly leveraging AI for efficiency while maintaining the crucial role of brokers.
Marcus & Millichap beats Q4 estimates as private client market surges
Marcus & Millichap (NYSE:MMI) reported strong preliminary financial results for Q4 2025, with total revenue increasing to $244 million, beating estimates. This growth was primarily driven by a significant surge in Private Client Market brokerage revenue, which rose by 10.3%. The company also saw a substantial increase in net income and adjusted EBITDA compared to the prior-year quarter.
Marcus & Millichap earnings beat by $0.10, revenue fell short of estimates
Marcus & Millichap (NYSE: MMI) reported Q4 EPS of $0.34, exceeding analyst estimates of $0.24, while revenue of $244M fell short of the consensus estimate of $245.6M. The company's stock price has decreased by 11.91% in the last three months and 36.36% in the last twelve months. InvestingPro assesses Marcus & Millichap's financial health as "fair performance."
Marcus & Millichap (MMI) Completes $40.5M Hotel Sale in Baton Ro
Marcus & Millichap (MMI) has successfully completed the sale of the Hilton Baton Rouge Capitol Center for $40.5 million. The real estate firm, specializing in commercial property sales and advisory services, maintains a strong balance sheet despite recent revenue decline and negative profitability. The article highlights MMI's financial health, valuation metrics, and risk factors for investors.
Marcus & Millichap (NYSE:MMI) Reports Strong Q4 CY2025
Marcus & Millichap (NYSE:MMI) reported strong Q4 CY2025 results, beating Wall Street's revenue and EPS expectations. The company's sales rose 1.6% year-on-year to $244 million, and its GAAP profit per share was $0.34, significantly above analyst estimates. While historical revenue growth has been weak, recent performance and future outlook suggest improved top-line performance.
Marcus & Millichap, Inc. Reports Preliminary Results for Fourth Quarter and Full Year 2025
Marcus & Millichap, Inc. has announced its preliminary financial results for the fourth quarter and full year 2025, showing significant improvements in revenue and profitability despite challenging market conditions. The company reported increased total revenue and Adjusted EBITDA for both periods, driven by strong performance in its Private Client Market brokerage and financing fees. Management expressed optimism for 2026, citing strategic initiatives and cost controls as key to their financial recovery and growth prospects.
Earnings Flash (MMI) Marcus & Millichap Posts Q4 EPS $0.34, vs. FactSet Est of $0.22
Marcus & Millichap (MMI) announced its Q4 earnings per share of $0.34, surpassing the FactSet estimate of $0.22. The company also reported Q4 total revenue of $244.0 million, exceeding the FactSet estimate of $229.5 million. These financial results indicate a stronger performance than anticipated by analysts for the quarter.
Marcus & Millichap: Q4 Earnings Snapshot
Marcus & Millichap Inc. reported a Q4 profit of $13.3 million, or 34 cents per share, with revenue reaching $244 million. Despite the strong quarter, the commercial real estate brokerage firm recorded an annual loss of $1.9 million, or 5 cents per share, on revenue of $755.2 million for the year. The data was generated by Automated Insights using Zacks Investment Research information.
Marcus & Millichap: Q4 Earnings Snapshot
Marcus & Millichap Inc. (MMI) reported a Q4 profit of $13.3 million, or 34 cents per share, with revenues totaling $244 million for the quarter. However, the company recorded a full-year loss of $1.9 million, or 5 cents per share, on revenues of $755.2 million. This financial snapshot comes from their latest earnings report.
Marcus & Millichap Facilitates $40 Million Hospitality Asset Sale in Baton Rouge
Marcus & Millichap announced the $40.5 million sale of the Hilton Baton Rouge Capitol Center, a 291-room hotel. Northshore Development, based in Orlando, Florida, acquired the property. This complex transaction involved multiple stakeholders and positions the new ownership to implement a repositioning and operations strategy in the Louisiana State University-anchored market.
Marcus & Millichap Facilitates $40 Million Hospitality Asset Sale in Baton Rouge
Marcus & Millichap announced the sale of the Hilton Baton Rouge Capitol Center for $40.5 million. The 291-room hotel was purchased by Northshore Development, based in Orlando, Florida. This complex transaction involved multiple stakeholders and positions the new ownership for a targeted repositioning and operational strategy in the Louisiana State University-anchored market.
Historic Baton Rouge Hilton on riverfront sells for $40.5M
Marcus & Millichap has announced the $40.5 million sale of the Hilton Baton Rouge Capitol Center, a 291-room hotel. Northshore Development, based in Orlando, Florida, purchased the historic property. The hotel is a prominent downtown Baton Rouge asset, and the new ownership plans a targeted repositioning strategy in the LSU-anchored market.
Marcus & Millichap Completes $40.5 Million Hotel Sale
Marcus & Millichap has successfully brokered the $40.5 million sale of the Hilton Baton Rouge Capitol Center, a 291-room hotel. The buyer, Northshore Development, plans a strategic repositioning to enhance competitiveness in the Louisiana State University-anchored market. This transaction highlights Marcus & Millichap's expertise and significant market influence, following their $49.6 billion in sales volume in 2024.
Marcus & Millichap (NYSE:MMI) Sets New 1-Year Low - Should You Sell?
Marcus & Millichap (NYSE:MMI) recently hit a new 52-week low, trading at $25.02 at the time of the report, well below its 50-day and 200-day moving averages. Wall Street analysts have issued a "Reduce" consensus rating with a $28.00 target, following recent downgrades. Concerns regarding the sustainability of its dividend were also highlighted due to a negative P/E ratio and a reported negative payout ratio.
Marcus & Millichap: Fourth Quarter Earnings Overview
Marcus & Millichap, a commercial real estate brokerage, announced fourth-quarter earnings of $13.3 million, or $0.34 per share, on revenues of $244 million. For the full year, the company reported a net loss of $1.9 million, equating to $0.05 per share, with total annual revenue reaching $755.2 million. The report provides a financial overview of the company's performance for both the recent quarter and the entire fiscal year.
A Look At Marcus & Millichap’s Valuation After Recent Share Price Volatility
Marcus & Millichap's stock recently closed at US$26.12, prompting a review of its valuation. While one narrative suggests a 6.7% undervaluation with a fair value of $28, another view based on discounted cash flow indicates a significantly lower estimated value of $2.26 per share, leading to optimism in the current market price. This discrepancy highlights the importance of evaluating underlying growth and margin repair in cash generation.
Marcus & Millichap stock hits 52-week low at $24.93
Marcus & Millichap's (MMI) stock recently hit a 52-week low of $24.93, marking a 32.65% decline over the past year due to challenging market conditions. Despite not being profitable in the last twelve months, the company maintains financial stability with an Altman Z-Score of 4.85. Investors are awaiting upcoming earnings on February 13, and the company's IPA Capital Markets division recently arranged a significant refinancing deal for a luxury multifamily property.
Marcus & Millichap (MMI) Reports Earnings Tomorrow: What To Expect
Marcus & Millichap (MMI) is set to announce its earnings results. Analysts expect a revenue decline of 4.4% year-over-year to $229.5 million and adjusted earnings of $0.22 per share. Despite some peers underperforming, MMI shares are up 1.4% in the last month, with an average analyst price target suggesting potential upside from its current share price.
Marcus & Millichap (MMI) Reports Earnings Tomorrow: What To Expect
Marcus & Millichap (MMI) is set to announce its earnings results. Analysts expect a 4.4% year-on-year revenue decline to $229.5 million, with adjusted earnings projected at $0.22 per share. The company has a mixed record on revenue estimates, and while the consumer discretionary sector has generally underperformed, MMI's stock has seen a positive trend recently.
Marcus & Millichap, Inc. (NYSE:MMI) Announces Dividend of $0.25
Marcus & Millichap, Inc. (NYSE:MMI) has announced a dividend of $0.25 per share, payable on April 3rd to shareholders of record on March 13th, representing a yield of 190.0%. The dividend is well-covered by the company's earnings, with a payout ratio of 73.5%. Following the announcement, shares traded down to $26.32, with a market capitalization of $1.02 billion.
Marcus & Millichap brokers sale of 200-unit apartment property in Palatine
Marcus & Millichap has successfully brokered the sale of Arrowhead Apartments, a 200-unit property in Palatine, Illinois. Scott Harris represented the seller, a joint venture with Hispanic Housing Development Corporation, and secured the buyer, Artisan Capital Group in partnership with Eastham Capital. The property's strategic location and updated amenities enhance its appeal to residents.
Marcus & Millichap Brokers $3.8M Sale-Leaseback of Industrial Property in Stow, Ohio
Marcus & Millichap has brokered the $3.8 million sale-leaseback of a 43,248-square-foot industrial property in Stow, Ohio. The facility, located at 4246 Hudson Drive, serves as the corporate headquarters for Printing Concepts. Alex Gallicho, Peter Doughty, and Michael Glass of Marcus & Millichap represented the seller and secured the undisclosed buyer for the transaction.
Marcus & Millichap Keeps Semi-Annual Dividend of $0.25/Share, Payable April 3 to Holders of Record on March 13
Marcus & Millichap, Inc. (MMI) announced it will maintain its semi-annual dividend at $0.25 per share. This dividend is scheduled to be paid on April 3, 2026, to shareholders who are on record as of March 13, 2026. The real estate brokerage firm specializes in commercial real estate investment sales, financing, research, and advisory services.
Marcus & Millichap Capital Corp. Arranges $9.8 Million Financing for Virginia Hospitality Property
Marcus & Millichap Capital Corporation (MMCC) secured $9.79 million in financing for the Holiday Inn Express Fairfax – Arlington Boulevard, a 79-key hotel in Fairfax, Virginia. The loan, arranged by Todd Phillips and Bobby Werhane, features a 25-year fully amortized term. This financing reflects strong lender confidence in the hotel's performance within the Fairfax market.
Marcus & Millichap Announces $7M Sale of West Village Mixed-Use Property on Bleecker Street
Marcus & Millichap announced the $7 million sale of 304 Bleecker Street, a mixed-use property in Manhattan's West Village, facilitated by John Stewart and Dylan Torey. The property, located in the Greenwich Village Historic District, includes a 1,550-square-foot ground-floor retail space leased to Joe & the Juice and four renovated free-market apartments. This sale highlights the strong demand for high-quality, well-located assets in the West Village, even in a selective capital environment.
Marcus & Millichap Brokers Sale of 10-Store Dollar General Portfolio in Pennsylvania
Marcus & Millichap has facilitated the sale of a portfolio consisting of 10 newly constructed Dollar General stores in Pennsylvania. The properties are operating under 15-year, triple-net leases. Don McMinn and Andrew Koriwchak of Marcus & Millichap's Taylor McMinn Retail Group brokered the deal between a developer and an institutional investment firm.
Marcus & Millichap Arranges Sale and Financing of 144-Unit The Annex in San Antonio
Marcus & Millichap announced the sale and financing of The Annex, a 144-unit multifamily property in San Antonio, Texas. The property, originally built in 1969, recently underwent exterior and amenity upgrades and was acquired by an international buyer who plans further renovations. This deal highlights Marcus & Millichap's ability to navigate foreclosed properties and secure financing, while addressing the ongoing housing supply challenges in San Antonio.
Marcus & Millichap Arranges Sale of Super 8 Hotel Near Yellowstone National Park
Marcus & Millichap announced the sale of the 66-room Super 8 by Wyndham Gardiner/Yellowstone Park Area near Yellowstone National Park. The buyer, Raj Patel, acquired the property, which is strategically located at the park's year-round entrance. Marcus & Millichap Capital Corporation also secured $9.12 million in financing for the acquisition.
Marcus & Millichap Brokers $3.15M Sale of Multifamily Property on Schubert Street in Boston
Marcus & Millichap announced the sale of an 11-unit multifamily property at 11 Schubert Street in Boston's Roslindale neighborhood for $3.15 million. The property, built in 1970, offered a value-add opportunity as over half of its units were vacant, allowing the buyer to begin renovations immediately. Marcus & Millichap's Boston office exclusively handled the sale, attracting five qualified offers for the transit-oriented asset.
Marcus & Millichap Closes Three-Property Multifamily Portfolio Sale in Auburn Alabama
Marcus & Millichap announced the sale of the Auburn 187 Portfolio, a three-property, 187-unit multifamily portfolio in Auburn, Alabama, for $26.5 million. The portfolio included Vue on Dean (constructed in 1977), Vue on Glenn (built in 1974), and another Vue on Dean property (completed in 1964). The properties had recently undergone a $3.3 million capital infusion for renovations and are located near Auburn University, a major employer in the area.
Marcus & Millichap Capital Corp. Arranges $3.7 Million Financing for Los Angeles County Multifamily Property
Marcus & Millichap Capital Corporation (MMCC) secured $3.675 million in financing for the acquisition of Curren Place Apartments, a 24-unit multifamily property in Pomona, California. The financing for the private client features a 30-year, fully amortized loan with a 5.85% interest rate and 62% loan-to-value. Richard Knorr from MMCC's Inland Empire office arranged the loan, emphasizing the competitive long-term financing that aligns with the property's stability and the buyer's investment strategy.
Marcus & Millichap stock hits 52-week low at $25.17
Marcus & Millichap Inc. (MMI) stock has fallen to a new 52-week low of $25.17, marking a 31.6% decline over the past year due to market factors affecting the real estate sector. Despite this downturn, a division of the company, IPA Capital Markets, recently secured $52 million in financing for a luxury apartment complex in Glendale, California. This indicates ongoing activity within the firm's real estate financing operations amidst current economic challenges.
Marcus & Millichap brokers sale of 144-unit apartment building in San Antonio
Marcus & Millichap has successfully brokered the sale of The Annex, a 144-unit multifamily property in San Antonio, Texas, with financing secured by Marcus & Millichap Capital Corporation. The property, located near Lackland Air Force Base, features a mix of unit types and recently underwent exterior and amenity upgrades. Investment specialists Ben Kalter, Drew Garza, and Will Balthrope had the exclusive listing, and John Brickson secured the financing.
Marcus & Millichap Negotiates $2.6M Sale of Multifamily Property in Minneapolis
Marcus & Millichap has successfully negotiated the $2.6 million sale of Santiago Apartments, a 23-unit multifamily property located in Minneapolis. MBR Investments sold the asset, built in 1923 and offering a mix of studio, one-, and two-bedroom units, to an entity associated with Irving Properties. The property is situated near the Minneapolis riverfront and the University of Minnesota.
