Marcus & Millichap and Project Destined Announce Expanded Partnership
September 15 2022 - 6:23PM
Business Wire
Marcus & Millichap (NYSE: MMI), a leading commercial real
estate brokerage firm specializing in investment sales, financing,
research and advisory services, announced today their expanded
relationship with Project Destined, a leading social impact
platform that provides training in financial literacy,
entrepreneurship, and real estate.
“It is a privilege to partner with Project Destined to further
support individuals from all backgrounds who are passionate about
exploring careers in commercial real estate,” said Richard
Matricaria, executive vice president and chief operating officer,
Western division, Marcus & Millichap. “The participants are
impressive, and the program is exceptionally well run. The mission
of Project Destined aligns with Marcus & Millichap’s commitment
to cultivating a strong educational foundation and providing a
clear pathway to successful careers in commercial real estate.”
Project Destined was founded by former Carlyle Group executive
Cedric Bobo and has partnered with leading real estate firms and
universities around the country to provide students from all
backgrounds with paid, virtual internship opportunities where they
can explore the real estate industry and ownership through live
real estate deals in various cities across the United States.
“By joining forces with Marcus & Millichap, a revered leader
in commercial real estate brokerage since 1971, we present a unique
opportunity for students to gain real-time knowledge and experience
at the start of their careers,” said Bobo. “Building a strong
foundation together furthers our ability to provide access and
resources for individuals who may not otherwise be supported. We
are excited to grow our partnership with Marcus &
Millichap.”
Beginning in spring 2021, Marcus & Millichap partnered with
Project Destined in the San Francisco Bay Area, Chicago, Los
Angeles, and Dallas, to provide participants with mentors of
various levels, including executives, regional managers, and
investment sales professionals, who taught intern scholars the
nuances of commercial real estate. Interns benefited from an
eight-week Investment Sales Bootcamp featuring an executive speaker
series, specialized workshops, and scholarship opportunities. The
partnership expands with the launch of Project Destined in
Vancouver, Washington in fall of 2022, opening opportunity to more
participants. A new Executive Speaker series will begin in October
2022. For more information, visit Project Destined.
Marcus & Millichap also provides development for interested,
driven individuals via the William A. Millichap Fellowship, a
24-month training and development program that progressively builds
on critical research, financial analysis, marketing, and
relationship-building skills. For more information, please visit
The William A. Millichap Fellowship. In addition, the firm offers
full-time in-office Summer Internships with hands-on experience,
mentorship, and industry-leading curriculum. The competitive
selection process occurs on a rolling basis. For more information,
visit The Marcus & Millichap Internship.
About Marcus & Millichap, Inc. (NYSE: MMI) Marcus
& Millichap, Inc. is a leading brokerage firm specializing in
commercial real estate investment sales, financing, research and
advisory services with offices throughout the United States and
Canada. As of December 31, 2021, the company had 1,994 investment
sales and financing professionals in 82 offices who provide
investment brokerage and financing services to sellers and buyers
of commercial real estate. The company also offers market research,
consulting and advisory services to clients. Marcus & Millichap
closed 13,255 transactions in 2021, with a sales volume of
approximately $84.4 billion. For additional information, please
visit www.MarcusMillichap.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220915006137/en/
Gina Relva, VP of Public Relations
Gina.Relva@marcusmillichap.com 510-999-1284
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