Login

Marcus & Millichap Prepares for Road to Recovery as Pandemic Slows Business

Revenue, Sales Volume Plummet as Brokerage Faces Mounting Uncertainty in Investment Market
Marcus & Millichap CEO Hessam Nadji said the brokerage is beginning to see signs of improvement in the investment market, but it will be hampered by coronavirus cases and "a wide gap in pricing expectations." (Getty Images)
Marcus & Millichap CEO Hessam Nadji said the brokerage is beginning to see signs of improvement in the investment market, but it will be hampered by coronavirus cases and "a wide gap in pricing expectations." (Getty Images)
CoStar News
August 6, 2020 | 10:28 P.M.

Revenue tumbled at commercial real estate investment brokerage Marcus & Millichap in the second quarter as the economic fallout of the pandemic further hampered real estate sales and made pricing more difficult.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE