Marcus & Millichap Reports $10M Loss, Shrinking Number Of Brokers
The investment sales brokerage saw its earnings take a hit as 2023 drew to a close, with the slowdown fueled by a tough capital markets environment.
The investment sales brokerage saw its earnings take a hit as 2023 drew to a close, with the slowdown fueled by a tough capital markets environment.
Marcus & Millichap's loss is up 72.4% from the $5.8M loss it reported in Q1 2023. The firm is facing a tight financing environment with reduced sales volumes.
The businesses face fallout in the aftermath of the bankruptcy of iCap Equity.
Marcus & Millichap’s Toronto office has been open just over a year, and regional manager Daniel Holmes tells us it’s been a successful inaugural annum.
Avison Young and Marcus & Millichap will both move into new, larger Manahttan offices.
Avison Young and Marcus & Millichap will both move into new, larger Manahttan offices.
Bisnow Los Angeles Power Woman: Marcus & Millichap's Anita Paryani Rice
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