Marcus & Millichap Enters Strategic Partnership with EquityMultiple
December 05 2023 - 7:00PM
Business Wire
Marcus & Millichap (NYSE:MMI), a leading commercial real
estate brokerage firm specializing in investment sales, financing,
research and advisory services, announced today it has made an
equity investment in EquityMultiple, a New York-based real estate
financing and investment technology platform. The partnership will
provide sponsors and operators supplemental private capital
financing sources and give accredited investors streamlined access
to unique real estate equity and credit opportunities.
“Our investment in EquityMultiple allows MMI to be part of a
leading innovative technology platform that further expands our
array of capital sources and solutions and creates synergies to
facilitate the acquisition, recapitalization and restructuring
needs of any commercial real estate transaction,” said J.D. Parker,
Marcus & Millichap’s chief operating officer, Eastern Division.
“Our firm strategically invests in proptech ventures that we
believe will help transform the industry and we are excited to join
forces with the EquityMultiple team.”
EquityMultiple streamlines and simplifies the process of
building strong, diversified commercial real estate (CRE)
portfolios by utilizing proprietary, data-driven underwriting
methodologies, offering fractional investments in individual
properties as well as private CRE funds. With industry-leading
asset management, personalized support, and rigorous asset
selection, EquityMultiple takes an institutional approach to real
estate crowdfunding.
“Since 2015, EquityMultiple has provided capital markets
solutions to sponsors and access to the types of commercial real
estate opportunities that have long been hallmarks of institutional
portfolios,” said Charles Clinton, CEO and cofounder,
EquityMultiple. “Our partnership with Marcus & Millichap is an
exciting step for our firm and the real estate investing fintech
space more broadly.”
Parker stated: “With this partnership, we continue our
longstanding tradition of providing the commercial real estate
industry with advantages that groundbreaking technologies have to
offer. EquityMultiple’s diverse array of real estate investment
products expand a service line and broadens our spectrum of debt
and equity sources.”
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, 2022, the company had 1,904
investment sales and financing professionals in 81 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 12,272 transactions in 2022, with a sales volume
of approximately $86.3 billion. For additional information, please
visit www.MarcusMillichap.com.
About EquityMultiple
EquityMultiple is a leading investment management and technology
firm whose mission is to provide unique real estate private equity
and private credit opportunities to accredited investors.
EquityMultiple’s network of 50,000 investors has participated in
over $5 billion in commercial real estate transactions since 2015.
The firm partners with experienced real estate operators in strong
markets across the country and offers investments in both
individual properties and funds through its innovative platform.
For more information, please visit
https://www.equitymultiple.com/.
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version on businesswire.com: https://www.businesswire.com/news/home/20231205660395/en/
Gina Relva, VP of Public Relations
Gina.Relva@marcusmillichap.com 510-999-1284
Marcus and Millichap (NYSE:MMI)
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