Profile: Marcus & Millichap Inc (MMI)
20 May 2019
Marcus & Millichap, Inc., incorporated on June 4, 2013, is a brokerage company specializing in commercial real estate investment sales, financing, research and advisory services. The Company offers three primary services to its clients: commercial real estate investment brokerage, financing, and ancillary services, including other research, advisory and consulting services. As of December 31, 2016, the Company had over 1,700 investment sales and financing professionals in 82 offices in the United States and Canada that provide investment brokerage and financing services to sellers and buyers of commercial real estate.
The Company divides the commercial real estate market into four segments: Properties with prices less than $1 million; Private client market, including properties priced from $1 million up to $10 million; Middle market, including properties priced from $10 million up to $20 million, and Larger transaction market, including properties priced from $20 million and above. It provides research on commercial property types covering multifamily, retail, office, industrial, single-tenant net lease, seniors housing, student housing, self-storage, hospitality, medical office, manufactured housing and tax credit low income housing, as well as capital markets/financing.
The Company provides its financing services through Marcus & Millichap Capital Corporation (MMCC). MMCC is a broker of debt financing for commercial properties. Its research, advisory and consulting services are designed to assist clients in forming their investment strategy and making transaction decisions. The Company also provides a range of advisory and consulting services to developers, lenders, owners, real estate investment trusts, high net worth individuals, pension fund advisors and other institutions. Its advisory services include opinions of value, operating and financial performance benchmarking analysis, specific asset buy-sell strategies, market and submarket analysis and ranking, portfolio strategies by property type, market strategy and development, and redevelopment feasibility studies.
The Company competes with CBRE Group, Inc., Cushman & Wakefield, Colliers International, HFF, Inc., Jones Lang LaSalle, Walker & Dunlop, Berkadia Commercial Mortgage LLC, Grandbridge Real Estate Capital and NorthMarq Capital, LLC.
Marcus & Millichap Inc
23975 Park Sorrento Ste 400
CALABASAS CA 91302-4014