Welcome to our dedicated page for Marcus & Millichap news (Ticker: MMI), a resource for investors and traders seeking the latest updates and insights on Marcus & Millichap stock.
Marcus & Millichap reports developments tied to its commercial real estate services business, including investment sales, financing, research and advisory work for sellers and buyers of income-producing property. Company updates commonly cover brokerage commissions, financing fees, Private Client activity, Middle Market and Larger Transaction Market activity, and transaction volume across changing lending and pricing conditions.
News also includes property-level sale and financing announcements from Institutional Property Advisors and IPA Capital Markets, with recurring coverage of multifamily, student housing, retail, industrial and other commercial assets in U.S. and Canadian markets.
Marcus & Millichap (NYSE: MMI) division Institutional Property Advisors announced the sale of The Retreat at Speedway, a 304-unit Tucson multifamily asset, and arranged acquisition financing on January 24, 2026. The property sold for $175,657 per unit and IPA Capital Markets secured $47.53 million in financing. The asset, completed in 2001, features 859 sq ft average units, recent capital improvements totaling $1.4 million, and a reported 27% rent delta versus like-kind competition. Buyer was Bascom Arizona Ventures; seller was Weidner Apartment Homes.
Marcus & Millichap (NYSE:MMI) said that effective Jan. 1, 2026 it transitioned regional management titles to market leader titles — Director, Managing Director and Senior Managing Director — based on tenure and accomplishment. The change is intended to reflect leaders' scope and impact on client service, support the company's 2025 organizational enhancements, and promote execution, leadership engagement, expanded sales force support and client services. Company leaders said the titles will boost leadership visibility across North America and emphasize recruiting, local market branding, agent support, productivity and business planning.
The firm noted it closed 7,836 transactions with approximately $49.6 billion in sales volume in 2024 and had 1,712 investment sales and financing professionals across more than 80 offices at year end.
Marcus & Millichap (NYSE:MMI) division IPA Capital Markets arranged $93.5 million construction financing through Deutsche Bank for an office-to-residential conversion at 830 Third Avenue, Manhattan. The 13-story building will be converted into 188 rental apartments (124 studios, 60 one-bed, 4 two-bed) and will use New York State's 467-m affordable-housing office-to-residential tax incentive. The property totals 147,101 rentable sq ft (139,980 office; 7,121 ground-floor retail). IPA named Marko Kazanjian and colleagues as arrangers and noted the team closed $913 million in NYC office-to-residential conversions in 2025, representing over 2,000 residential units.
Marcus & Millichap (NYSE: MMI) through its IPA Capital Markets division arranged $96.7 million in three-year, non-recourse financing from Bank OZK for a three-property industrial portfolio in Rockford, Illinois.
The portfolio exceeds 650,000 square feet and includes two fully stabilized build-to-suit industrial buildings totaling 503,395 sq ft leased to a global pharmaceutical services provider; proceeds will consolidate the stabilized assets and cross-collateralize the income-producing properties to support construction of a third facility of approximately 155,000 sq ft.
Institutional Property Advisors (Marcus & Millichap — NYSE:MMI) announced the sale of Hills at Hacienda Heights, a 350-unit multifamily property in Hacienda Heights, CA for $107,000,000 (≈$305,714 per unit) on November 24, 2025.
IPA also arranged $71,017,000 in acquisition financing to support buyer Eagle Partners and an intended affordable housing conversion. The property sits on over 10 acres, was built in 1970, averages 792 sq ft per unit, and is near major highways and a 2.5 million-job commuter base.
CORE PALMETTO announced the sale of Palmetto Plaza, a 186,095-square-foot retail center in Miami Gardens, Florida, on an 11.9-acre site.
The center was acquired in 2021 for $33 million, is anchored by ALDI and Dollar Tree, and had occupancy >95% with a weighted average lease term >4 years, providing limited near-term rollover exposure and stable cash flow. CORE credited active management and targeted leasing for improving performance; Marcus & Millichap represented CORE and procured the buyer. CORE owns and manages approximately 2 million square feet across Florida.
Marcus & Millichap (NYSE:MMI) division IPA Capital Markets arranged a $48.4 million refinance for Britton Commerce Center, a five‑building, Class A industrial park in Oklahoma City on November 11, 2025. The loan was placed for client Gardner Tanenbaum.
Deal terms: a 5‑year credit union loan with a 5.76% fixed rate, 30‑year amortization and 24 months of interest‑only payments. The 560,000 sq ft park is fully leased to national tenants and sits near I‑35 and I‑44, linking Oklahoma City to Tulsa.
Marcus & Millichap (NYSE: MMI) reported Third Quarter 2025 results: total revenue of $193.9M (+15.1% YoY), brokerage commissions of $162.2M (+14.2% YoY) and financing fees of $26.3M (+27.7% YoY). Net income was $0.2M or $0.01 diluted EPS, which includes a $0.08 per-share litigation accrual. Adjusted EBITDA was $6.9M. Nine-month revenue was $511.2M (+12.1% YoY) with a nine-month net loss of $15.2M. The board declared a semi-annual dividend of $0.25 (paid Oct 6, 2025) and repurchased 264,554 shares for $8.0M YTD with ~$59.0M remaining on the repurchase program.
Management cited expanded client outreach, higher transaction counts, stronger private client activity and a supportive financing environment as drivers of results.
Marcus & Millichap (NYSE: MMI) division Institutional Property Advisors announced the sale of The Quincy at Kierland, a 266-unit multifamily community in Scottsdale, Arizona, for $110.25 million (about $414,474 per unit).
Completed in 2024, the asset averaged 17.5 net leases per month since opening, achieved stabilized occupancy in June 2025, and was >98% leased by early July 2025. IPA represented seller Embrey and procured buyer Stockdale Capital Partners. Units average 857 sq ft and the property sits near Loop 101 and Kierland Commons, close to major employers and retail destinations.
Institutional Property Advisors (NYSE:MMI) announced the sale of 9733 Topanga Canyon, a 119-unit multifamily property in Chatsworth, Los Angeles, for $44.0 million (≈$369,748 per unit) on October 30, 2025. IPA represented the seller and procured buyer Amoroso Companies. IPA Capital Markets arranged $27.4 million in agency financing to provide long-term fixed-rate debt and enable a 1031 exchange within a tight timeline. The asset, built in 2009, averages 1,060 sq ft per unit and sits near major employment and retail centers with multifamily occupancy in Chatsworth over 95%.