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Marcus & Millichap (MMI) Tops Q3 EPS by 1c

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Marcus & Millichap, Inc. Reports Results for Third Quarter 2016

November 3, 2016 4:06 PM EDT

- Third Quarter Total Revenues Grew 8.9% to $180.6 Million -

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, 2016.

Third Quarter 2016 Highlights Compared to Third Quarter 2015

Total revenues grew by 8.9% to $180.6 million Brokerage commissions in the Private Client Market ($1-$10 million) segment increased 6.4% to $113.4 million and accounted for 68.5% of total brokerage commissions... More