Marcus & Millichap (MMI) Investor presentation summary

Investment highlights and market leadership

• Holds the top position in U.S. private client CRE investment sales and financing, leveraging a data-driven platform to expand into middle and larger market segments.

• Demonstrates a long-term record of growth and profitability, supported by a scalable, talent-driven model and a tenured management team.

• Maintains a strong balance sheet, enabling simultaneous investments in growth and capital returns.

• Industry leader for over 50 years, with over 80 offices and expertise in all major markets and property types.

• Recognized as the transaction leader in multifamily, retail, net lease, self-storage, and hospitality, with top rankings in 20 key metros in 2024.

Business performance and financial strength

• 2024 revenue reached $696M, with a net loss of $12M and adjusted EBITDA of $9.4M.

• Closed 7,836 transactions totaling $50B in volume, with 1,712 professionals and a strong focus on the private client market segment.

• Brokerage revenue was $590M on $33.6B in sales volume from 5,447 transactions; 62% of deals were in the $1–$10M range.

• Financing business generated $9.1B in loan origination volume and $85M in fee revenue, with multifamily representing 50% of financing transactions.

• Maintains nearly $400M in cash and marketable securities, with no outstanding debt and over $170M returned to shareholders since program inception.

Strategic growth and technology platform

• Pursues long-term growth through recruitment, technology investment, and strategic acquisitions.

• Expands market share in dominant and specialty segments, and grows presence in larger transactions via the Institutional Property Advisors division.

• Enhances technology-enabled platform with proprietary tools, real-time data, and integrated sales and financing solutions.

• MyMMI platform has over 153,000 registered users, enabling robust property searches, curated research, and seamless transaction execution.

• In-house research and advisory services produce over 3,300 reports and videos annually, supporting client decision-making with timely market insights.