Marcus & Millichap (MMI) Misses Q3 EPS by 7c

Marcus & Millichap, Inc. Reports Third Quarter 2015 Financial Results

November 5, 2015 4:05 PM EST

Third Quarter Revenue Increased 10% - - YTD Revenue Increased 22%

Total Sales and Financing Professionals Reached All Time High

CALABASAS, Calif.--(BUSINESS WIRE)-- Marcus & Millichap, Inc. (the Company, Marcus & Millichap) (NYSE: MMI), a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services, today reported financial results for the third quarter ended September 30, 2015. Highlights include:

Third Quarter 2015 Results Compared to Third Quarter 2014

Total revenues increased 9.9% to $165.9 million, with real estate brokerage commissions up 8.4%. Financing fees revenue increased by... More

Ken Sayward Joins Marcus & Millichap as Chief Information Officer

November 4, 2015 8:04 PM EST

CALABASAS, Calif.--(BUSINESS WIRE)-- Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has named Ken Sayward chief information officer (CIO), according to Gregory LaBerge, chief administrative officer.

I am pleased to welcome Ken to our senior management team as CIO, says LaBerge. In this role, he will be responsible for developing the firms next generation of commercial real estate brokerage technologies and incorporating the latest advancements and trends into our brokerage support systems to further enhance client services.

Marcus &... More

Marcus & Millichap Elects Gregory LaBerge to Chief Administrative Officer

November 4, 2015 5:26 PM EST

LaBerge will be responsible for integrating key brokerage support departments across the firm in partnership with professionals in charge of each department

CALABASAS, Calif.--(BUSINESS WIRE)-- Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has named Gregory LaBerge chief administrative officer (CAO), according to Hessam Nadji, senior executive vice president. Most recently, LaBerge held the position of national director of Marcus & Millichaps National Hospitality Group (NHG).

The CAO role at MMI will be an important... More