Marcus & Millichap, Inc. MMI

The end of the earnings season is always a good time to take a step back and see who shined (and who didn’t). Let’s take a look at how consumer discretionary - real estate services stocks fared in Q2, starting with Marcus & Millichap (NYSE:MMI).

U.S. retail sales climbed 6% year-over-year in August, lifting demand across retail and industrial real estate.

Marcus & Millichap has seen a mixed share price story in recent years, and that leaves a clear question for investors who care about fundamentals. Is the current US$29.04 price adequately supported by the cash flows the business can generate over time? Over the past 5 years the stock declined 26.2%, which puts the focus squarely on whether the underlying cash flows justify staying invested or re-entering at today's level. Recent commentary from Marcus & Millichap's leadership on higher...

A surplus of cash can mean financial stability, but it can also indicate a reluctance (or inability) to invest in growth. Some of these companies also face challenges like stagnating revenue, declining market share, or limited scalability.

Marcus & Millichap CEO Hessam Nadji recently outlined how higher interest rates have delayed a rebound in commercial real estate sales and complicated property revaluations across the sector. He also pointed to multifamily and small retail assets as areas where investors may still find relatively attractive opportunities despite the tougher rate backdrop. Against this backdrop of higher-rate headwinds and selective sector opportunity, we’ll explore how Nadji’s comments influence Marcus &...

Marcus & Millichap (MMI) moved into focus after CEO Hessam Nadji outlined how higher interest rates are delaying commercial real estate sales recoveries and forcing property revaluations, while highlighting multifamily and small retail as relatively attractive pockets. Recent trading tells a mixed story. Marcus & Millichap’s share price has eased, with a 1-day move down 1.82% and a 30-day share price return down 8.46%, yet the year-to-date share price return of 10.23% and a 3-year total...

Marcus & Millichap CEO, Hessam Nadji, explains what higher interest rates mean for the commercial real estate industry. He also outlines the most promising areas of the market for investors.

PHOENIX, September 25, 2026--$58 Million Multifamily Asset Sale Closed by Institutional Property Advisors in North Phoenix

The performance of consumer discretionary businesses is closely linked to economic cycles. This sensitive demand profile can cause the industry to underperform when macro uncertainty enters the fray, and over the past six months, its returns were flat while the S&P 500 climbed by 16.9%.

BOTHELL, Wash., September 24, 2026--50-Acre Puget Sound Multifamily Asset Sale Brokered by Institutional Property Advisors

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), is reinforcing its expertise in structuring complex multisource financing arrangements for high-value projects. Earlier we highlighted robust demand trends for multifamily properties with solid fundamentals in What Lies Ahead for Marcus & Millichap (MMI) Following These Multifamily Asset Sales. A strong investor confidence in […]

Core retail sales rose 1.2% in August and store-based spending gained 0.6%, supporting retail demand despite higher credit costs.

Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street. Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets.

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), finalized the sale of two Oregon apartment communities for a total consideration of $83 million. The sale involved the 181-unit Anjou Club in Talent and a 257-unit Oak Vale property in Corvallis. For Marcus & Millichap, these deals reflect on IPA’s strong footing to […]

Marcus & Millichap’s (NYSE:MMI) capital markets arm, IPA Capital Markets, secured a financing arrangement amounting to $40.3 million for Birwood Heights. Based in San Antonio, Texas, this 312-unit apartment complex is comprised of one-, two-, and three-bedroom apartments, and offers various shared amenities such as fitness studio, lounges, outdoor grilling, and resort-style pool. The residences […]

PALMETTO BAY, Fla., September 18, 2026--Marcus & Millichap’s IPA Capital Markets Arranges $43 Million Construction Financing for Multifamily Property in Greater Miami

ROGERS, Ark., September 14, 2026--Marcus & Millichap Capital Corporation Arranges $53 Million Build-to-Rent Refinance in Northwest Arkansas

Marcus & Millichap’s IPA Capital Markets division recently arranged US$40.3 million in non-recourse bridge financing for the 312-unit Birwood Heights apartment community in San Antonio, featuring a three-year initial term, 80% stabilized loan-to-value, and a 6.45% stabilized debt yield. Around the same time, Marcus & Millichap reported second-quarter results that shifted the firm from a net loss to US$3.9 million in net income, supported by higher brokerage commissions, stronger transaction...

On August 6, Marcus & Millichap Inc. (NYSE:MMI) reported second-quarter results that mark its clearest turn yet after a multiyear commercial real estate slump. Revenue climbed 17.8% year over year to $202.9 million, and the brokerage swung from a net loss a year ago to $3.9 million in net income, or $0.10 per diluted share. […]