Marcus & Millichap
| Public (NYSE: MMI) | |
| Industry | Commercial Real Estate Brokerage |
| Founded | 1971 |
| Founder | George M. Marcus, William A. Millichap |
| Headquarters | Calabasas, California, U.S. |
|
Number of locations
|
79 |
|
Area served
|
North America |
|
Key people
|
Heesam Nadji, President & CEO |
| Services | Investment sales, financing, research, advisory services |
|
Number of employees
|
1,800[1] |
| Website | www |
Marcus & Millichap is a commercial real estate brokerage firm. The company specializes in selling and arranging financing for large shopping centers, office buildings,[2] apartment buildings,[3] and hotel properties. Its headquarters are in Calabasas, California.[4] It is one of the largest real estate investment services companies in the United States and has over 70 offices across the U.S. and Canada.[2]
Marcus & Millichap also publishes research about the commercial real estate market. It has devised an index of apartment building prices known as the National Apartment Index.[3]
The firm appeared in InformationWeek's annual Elite 100 in 2014, the ninth consecutive appearance the company has made on the InformationWeek rankings.[5]
Marcus & Millichap also publishes research about the commercial real estate market, including an index of apartment building prices known as the National Apartment Index.[3]
Lawsuits
In July 2012, a lawsuit filed by Marcus & Millichap in Washington, D.C. against Greysteel Co. LLC, a firm started by a former broker, Ari Firoozabadi, was thrown out, with the judge noting that the firm sought to cause economic harm and ruin their opponents. Marcus & Millichap settled the lawsuit and said they “regret” the lawsuit.[6]
In another lawsuit, New York State investigators investigated the company following charges that Glen Kunofsky, senior vice president of investments, and nine other Marcus & Millichap brokers were accused of acting fraudulently and violations of the Racketeer Influenced and Corrupt Organizations Act (RICO). The federal charges were dismissed in 2014 following a 3-year investigation.[7][8][9]
References
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- ↑ "Calabasas, California - Corporate Headquarters." Marcus & Millichap. Retrieved on November 23, 2012. "23975 Park Sorrento Suite 400 Calabasas, CA 91302"
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- ↑ http://cdn.ca9.uscourts.gov/datastore/opinions/2014/05/07/12-16526.pdf
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