MMI News & Events

Reports preliminary Q4 revenue $243.95M vs. $240.08M last year. "We delivered solid fourth quarter results against a tough comparison thanks to a late-stage acceleration of transaction closings and concluded 2025 as the second consecutive year of revenue recovery amid the severe market disruption. Our ongoing cost controls and focus on efficiency resulted in a meaningful improvement in profitability," said Hessam Nadji, president and CEO of Marcus & Millichap. "Our performance was driven by a series of initiatives throughout the year to grow exclusive inventory, increase client outreach, expand financing availability and leverage the market improvement. Our Private Client business in particular - the cornerstone of our business - is showing positive momentum thanks to price adjustments and many lenders becoming active again."

Marcus & Millichap announced the $40.5M sale of the Hilton Baton Rouge Capitol Center, a 291-room hotel in Baton Rouge, Louisiana.

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of 9733 Topanga Canyon, a 119-unit multifamily property in the Chatsworth neighborhood of Los Angeles, California. The property sold for $44 million, which represents $369,748 per unit.

Reports Q2 revenue $172.3M, consensus $163.55M. "Our second-quarter results reflect the resilience and adaptability of our platform during a period of continued global market volatility and tariff-related uncertainty," said Hessam Nadji, president and CEO of Marcus & Millichap. "We experienced a notable increase in activity within our Private Client segment along with a very strong performance in our financing business, all supported by gradually improving capital availability and gradual narrowing of bid/ask spreads. Decline in larger transactions comes after a rapid recovery in the segment averaging 38% year-over-year revenue growth in the past four quarters creating a tough comparison. We continue to see growth opportunity in our core private client and larger transaction segments."