Marcus & Millichap, Inc.

PHOENIX--(BUSINESS WIRE)-- Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI) dedicated to serving the company’s institutional clients, announced today the sale of Ascend at Black Canyon, a 260-unit multifamily property in Phoenix, Arizona. The asset traded for $58.7 million, or $225,769 per unit. “North Phoenix is positioned to generate tens of thousands of high-earning jobs supporting the world’s most advanced nanometer chip production for companies such as Apple, Sony, Tesla, and Qualcomm,” said Steve Gebing, IPA executive managing director investments. “Within a one-mile radius of Ascend at Black Canyon, average and median annual household incomes are $163,500 and $138,000, respectively.” Gebing and Cliff David, IPA executive managing director investments, represented the seller, D.R. Horton, and procured the buyer, Millburn & Company. The property is in Phoenix’s Deer Valley urban village close to Interstate 17/Black Canyon Freeway, near the Sonoran Preserve and the Happy Valley Town Center open-air shopping mall. Nearby employers include HonorHealth Sonoran Crossing Medical Center, PetSmart’s corporate headquarters, Honeywell Aerospace, Cox Communications, and American Express. Completed on over 10 acres in 2024, Ascend at Black Canyon is a controlled-access community with a resort-style swimming pool, 24-hour fitness center, two dog parks and a pet washing station. The unit mix is one-, two- and three-bedroom apartments with stainless-steel appliances, washers and dryers, smart-home technology, dual-pane windows and a private patio or balcony. About Institutional Property Advisors (IPA) Institutional Property Advisors (IPA) is a division of Marcus & Millichap (NYSE: MMI), a leading commercial real estate services firm in North America. IPA’s combination of real estate investment and capital markets expertise, industry-leading technology, and acclaimed research offers customized solutions for the acquisition, disposition and financing of institutional properties and portfolios. For more information, please visit www.institutionalpropertyadvisors.com. 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. Marcus & Millichap closed 8,818 transactions with a sales volume of $50.8 billion in 2025. The company had 1,808 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate at year end. For additional information, please visit www.MarcusMillichap.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260925555703/en/ Gina Relva, VP of Public RelationsGina.Relva@MarcusMillichap.com Source: Marcus & Millichap, Inc.

BOTHELL, Wash.--(BUSINESS WIRE)-- Institutional Property Advisors (IPA), a division of Marcus &amp; Millichap (NYSE:MMI) dedicated to serving the company’s institutional clients, announced today the sale of Griffis North Creek, a 524-unit multifamily property in Bothell, Washington. “Griffis North Creek is an institutional-quality asset situated on nearly 50 acres of land in one of the region’s most dynamic employment hubs, a combination that is increasingly difficult to replicate in today’s market,” said Giovanni Napoli, IPA executive managing director investments. “Griffis Residential completed high-end renovations to 43% of the units and common areas, providing the buyer with a strong foundation and a clear path to upgrade the remaining units. The buyer intends to build on these improvements by continuing renovations throughout the property.” Napoli, Philip Assouad, Ryan Harmon, Nick Ruggiero, and Anthony Palladino of IPA represented the seller, Griffis Residential, and procured the buyer, GID. “Seattle’s Eastside continues to stand out for its concentration of high-paying employment and the long-term demand drivers that support multifamily housing,” said Andrew Leahy, national director of IPA Multifamily. “At the same time, development constraints and the cost of new construction make communities of this scale increasingly difficult to replicate, strengthening the competitive position of established assets such as Griffis North Creek.” The property is in Bothell’s tech and biomedical corridor within the Seattle area’s Eastside region in a neighborhood with average annual household income over $142,000. Microsoft, Amazon, Google, Meta, and Apple have offices within a short drive. The Canyon Park and Parklands North Creek business centers are nearby, and Alderwood shopping center provides nearby retail and dining options. Built in 1999, Griffis North Creek is bordered by greenbelts on two sides, and a greenbelt and creek run through the grounds. The property is composed of 23 three-story buildings with stone façades and iron railings. Community amenities include wooded walking trails, pagodas, footbridges, a renovated central clubhouse and lounge, a heated swimming pool and spa, two playgrounds, and a fenced-in dog park. All units have a private deck or patio, full-size washers and dryers, walk-in closets, and linen closets. The unit mix is one-, two- and three-bedroom apartments with an average size of 835 square feet. About Institutional Property Advisors (IPA) Institutional Property Advisors (IPA) is a division of Marcus &amp; Millichap (NYSE: MMI), a leading commercial real estate services firm in North America. IPA’s combination of real estate investment and capital markets expertise, industry-leading technology, and acclaimed research offers customized solutions for the acquisition, disposition and financing of institutional properties and portfolios. For more information, please visit www.institutionalpropertyadvisors.com About Marcus &amp; Millichap Marcus &amp; 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. Marcus &amp; Millichap closed 8,818 transactions with a sales volume of $50.8 billion in 2025. The company had 1,808 investment sales and financing professionals in more than 80 offices at year end. View source version on businesswire.com: <a href="htt

PALMETTO BAY, Fla.--(BUSINESS WIRE)-- IPA Capital Markets, a division of Marcus &amp; Millichap (NYSE: MMI) specializing in capital markets services for major private and institutional clients, has secured $43 million in financing for the construction of Lyra Palmetto Bay, a planned eight-story, 192-unit multifamily development in Palmetto Bay, Florida. The project is being developed pursuant to Florida’s Live Local Act and is designed to serve renters earning between 80% and 120% of area median income, providing high-quality housing at attainable rent levels. Marko Kazanjian, senior managing director in the firm’s Fort Lauderdale office secured the financing with Pearlmark Real Estate Partners on behalf of the client, a joint-venture partnership between Ora Development Group, a developer of workforce housing communities, and Conconcreto, a publicly traded construction services and development company headquartered in Medellin, Colombia. The 274,063 square foot development, located at 17210 Homestead Avenue, will feature 192 residential units ranging from one to three bedrooms. Amenities will include a rooftop pool, gym, basketball and pickleball courts, elevators, meeting rooms and a 224-space parking garage. The project is located adjacent to the South Dade TransitWay, a dedicated 20-mile bus rapid transit (BRT) corridor connecting Homestead to Dadeland. Residents will have access to a nearby station, with connections to Metrorail at Dadeland Station for access to downtown Miami, Brickell, and the broader urban core. Construction began in July 2026 and is expected to be completed in December 2027. “Lyra Palmetto Bay represents the type of thoughtfully designed, transit-oriented housing that Miami-Dade needs as affordability pressures continue to push middle-income renters farther from the urban core,” said Kazanjian. “The project combines a highly amenitized residential experience with compelling public-sector incentives, strong South Dade demand fundamentals and an experienced sponsorship team, positioning it to deliver much-needed attainable housing while creating a durable financing opportunity.” About IPA Capital Markets IPA Capital Markets is a division of Marcus &amp; Millichap (NYSE: MMI). IPA Capital Markets provides major private and institutional clients with commercial real estate capital markets financing solutions, including debt, mezzanine financing, preferred and joint venture equity, and sponsor equity. For more information, please visit <a href="https://nam11.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.institutionalpropertyadvisors.com%2Fcapital-markets&amp;data=05%7C02%7CGina.Relva%40marcusmillichap.com%7Cc7b646323f144eb9027e08df15b4f90f%7C4af2e9e0a2d7475c9f4db3a8a8ad4f5a%7C0%7C0%7C639253539181283517%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ

CORVALLIS, Ore.--(BUSINESS WIRE)-- Institutional Property Advisors (IPA), a division of Marcus &amp; Millichap (NYSE:MMI) dedicated to serving the company’s institutional clients, announced today the sale of Oak Vale, a 257-unit property in Corvallis, and 181-unit Anjou Club in Talent. The two Oregon multifamily assets traded for a total of $83 million. “The quality of construction and maintenance of these two properties attracts and retains the most discerning renters, and previous ownership was meticulous in their upkeep and reinvestment,” said Anthony Palladino, IPA senior director investments. “With an average occupancy rate of 96.5% over the last five years, Corvallis is often among the strongest apartment markets in the state. Talent, a suburb of Medford, benefits from the region’s population growth, which by 2045 is expected to increase by over 31,000 new residents.” Palladino, Philip Assouad, Giovanni Napoli, Ryan Harmon, and Nick Ruggiero of IPA, in association with David Tabata, Marcus &amp; Millichap’s broker of record in Oregon, represented the seller, Bender Equities, and procured the buyer, Verdant Development Inc. “Investor demand for well-located multifamily assets with durable operating fundamentals remains strong, particularly in markets where new supply is limited,” said Andrew Leahy, national director of IPA Multifamily. “These transactions demonstrate the depth of capital seeking opportunities in established Pacific Northwest markets and investors’ continued confidence in the long-term performance of the multifamily sector.” Oak Vale is a 31-building property built in 1973 and 1995 on more than 16 acres a short drive from Oregon State University. The community has a park-like setting with paved walking trails that connect to the Benton County park and trail system. Amenities include a lounge, game room, fitness center, movie theater, and outdoor sport court. The unit mix of one-, two- and three-bedroom apartments averages 767 square feet. Anjou Club was completed in 1990 on nearly 14 acres near Southern Oregon University. The 22-building property has a mix of one-, two- and three-bedroom floor plans across three layout types: flats, townhomes, and garden flats. The average unit size is 950 square feet. Community amenities include a large clubhouse, heated outdoor swimming pool, tennis court, basketball court, play structure, and outdoor seating areas. About Institutional Property Advisors (IPA) Institutional Property Advisors (IPA) is a division of Marcus &amp; Millichap (NYSE: MMI), a leading commercial real estate services firm in North America. IPA’s combination of real estate investment and capital markets expertise, industry-leading technology, and acclaimed research offers customized solutions for the acquisition, disposition and financing of institutional properties and portfolios. For more information, please visit www.institutionalpropertyadvisors.com About Marcus &amp; Millichap, Inc. (NYSE: MMI) Marcus &amp; 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. Marcus &amp; Millichap closed 8,818 transactions with a sales volume of $50.8 billion in 2025. At year-end, the company had 1,808 investment sales and financing professionals in more than 80 offices providing investment brokerage and financing services to commercial real estate sellers and buyers. For additional information, visit <a href="https://nam11.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww

MIAMI BEACH, Fla.--(BUSINESS WIRE)-- IPA Capital Markets, a division of Marcus &amp; Millichap (NYSE:MMI) specializing in capital markets services for major private and institutional clients, announced today the $75.1 million mid-construction recapitalization of The Monroe Hotel, an 89-key luxury boutique hotel under redevelopment at 3010 Collins Ave. in Miami Beach’s Faena District. Bobby Werhane, managing director with IPA Capital Markets, led the transaction on behalf of the property’s ownership group, with support from Scott Raasch, IPA Capital Markets senior director, both based in the firm’s Charlotte office. The team structured a capital stack comprising four sources, two of which represented new lending relationships for the sponsor. The recapitalization included $44 million in Commercial Property Assessed Clean Energy (C-PACE) financing from Nuveen Green Capital, $24.8 million in construction debt from City National Bank, $6.3 million in bridge financing from Midland States Bank, and historic tax credit equity financing from PNC Bank. The Monroe has a total project cost of $125.5 million. Scheduled to open in 2027 after a comprehensive renovation, the five-star boutique hotel will feature 15 suites ranging from 488-square-foot junior suites to a 1,257-square-foot presidential suite; a 5,000-square-foot, full-service restaurant and bar; a rooftop bar and event venue with panoramic views of the Faena District; an in-house recording studio; a pool and deck with outdoor dining; private beach service through Boucher Brothers property management company; and a full-service spa and fitness center. “This was a complex, multisource recapitalization, and completing it required creativity and strong relationships across the capital stack,” Werhane said. “We’re proud to have delivered a structure that positions The Monroe for a successful opening, and we appreciate the sponsor’s trust and partnership throughout the process.” Located a 10-minute walk north of South Beach, the Faena District was officially designated in 2014 as one of Miami Beach’s most coveted cultural destinations. It is known for its ultraluxury hotels, upscale residences, and thriving arts and fashion scene. About IPA Capital Markets IPA Capital Markets is a division of Marcus &amp; Millichap (NYSE: MMI). IPA Capital Markets provides major private and institutional clients with commercial real estate capital markets financing solutions, including debt, mezzanine financing, preferred and joint venture equity, and sponsor equity. For more information, please visit institutionalpropertyadvisors.com/capital-markets. About Marcus &amp; Millichap, Inc. (NYSE: MMI) Marcus &amp; 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. Marcus &amp; Millichap closed 8,818 transactions with a sales volume of $50.8 billion in 2025. At year-end, the company had 1,808 investment sales and financing professionals in more than 80 offices providing investment brokerage and financing services to commercial real estate sellers and buyers. For additional information, visit www.MarcusMillichap.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260904704037/en/ Gina R

SAN ANTONIO--(BUSINESS WIRE)-- IPA Capital Markets, a division of Marcus &amp; Millichap (NYSE:MMI) specializing in capital markets services for major private and institutional clients, has arranged $40.3 million in financing for Birwood Heights, a 312-unit apartment community in San Antonio, Texas. Brandon Roth, managing director in the firm’s Palo Alto office, worked with Adam Mengacci and Travis Headapohl in Dallas to secure the loan on behalf of a private client. The non-recourse bridge financing features a three-year initial term with loan proceeds sized to 80% stabilized loan-to-value and a 6.45% stabilized debt yield. “Lenders provided nine floating-rate and six fixed-rate quotes for this financing opportunity, demonstrating the tremendous lender appetite for newer-vintage multifamily properties across the Sunbelt,” said Roth. Birwood Heights was delivered in March 2019 and offers one-, two- and three-bedroom residences with granite countertops, stainless steel appliances, kitchen islands and in-unit washers and dryers. Shared amenities include a resort-style swimming pool, fitness center, outdoor grilling areas, and resident lounges. Located near Loop 1604 and Northwest Military Highway, Birwood Heights offers residents convenient access to Interstate 10, the North East Independent School District and major employment, education, healthcare, retail, and entertainment destinations. Nearby demand drivers include USAA’s headquarters, the South Texas Medical Center, and The University of Texas at San Antonio, while The Rim and The Shops at La Cantera provide shopping, dining, and entertainment options. The property is well positioned within Northwest San Antonio’s established employment and commercial corridor. About IPA Capital Markets IPA Capital Markets is a division of Marcus &amp; Millichap (NYSE: MMI). IPA Capital Markets provides major private and institutional clients with commercial real estate capital markets financing solutions, including debt, mezzanine financing, preferred and joint venture equity, and sponsor equity. For more information, please visit institutionalpropertyadvisors.com/capital-markets. About Marcus &amp; Millichap, Inc. (NYSE: MMI) Marcus &amp; Millichap, Inc. is a leading brokerage firm specializing in commercial real estat

Revenue Grew 17.8% Compared to Second Quarter 2025 Net Income of $0.10 Per Diluted Share for Second Quarter 2026 CALABASAS, Calif.--(BUSINESS WIRE)-- Marcus &amp; Millichap, Inc. (the “Company”, “Marcus &amp; Millichap”, or “MMI”) (NYSE: MMI), a leading national real estate services firm specializing in commercial real estate investment sales, financing services, research and advisory services, reported its second quarter financial results today. Second Quarter 2026 Highlights Compared to Second Quarter 2025 Total revenue increased by 17.8% to $202.9 million, compared to $172.3 million Brokerage commissions increased by 18.1% to $167.0 million, compared to $141.4 million Private Client Market brokerage revenue increased by 13.6% to $106.2 million, compared to $93.5 million Middle Market and Larger Transaction Market brokerage revenue increased by 29.4% to $54.7 million, compared to $42.3 million Financing fees increased by 15.3% to $30.3 million, compared to $26.3 million Pre-tax income increased by $10.0 million to $6.3 million compared to pre-tax loss of $3.7 million Net income of $3.9 million, or $0.10 per common share, diluted, compared to a net loss of $11.0 million, or $0.28 per common share, diluted Adjusted EBITDA1 increased by $10.6 million to $12.1 million compared to $1.5 million Six Months 2026 Highlights Compared to Six Months 2025 Total revenue increased by 18.0% to $374.4 million, compared to $317.3 million Brokerage commissions increased by 15.1% to $305.1 million, compared to $265.0 million Private Client Market brokerage revenue increased by 13.5% to $194.4 million, compared to $171.2 million Middle Market and Larger Transaction Market brokerage revenue increased by 19.5% to $99.3 million, compared to $83.1 million Financing fees increased by 28.7% to $57.1 million, compared to $44.4 million Pre-tax income increased by $21.8 million to $4.1 million compared to pre-tax loss of $17.7 million Net income of $0.8 million, or $0.02 per common share, diluted, compared to a net loss of $15.5 million, or $0.40 per common share, diluted Adjusted EBITDA1 increased by $22.4 million to $15.1 million compared to $(7.3) million “Our strong second quarter is the culmination of numerous internal initiatives to expand our client outreach and more favorable catalysts for CRE sales and financing,” said Hessam Nadji, President and Chief Executive Officer of Marcus &amp; Millichap. “Our private client recovery gained momentum as banks and credit unions have become more active, while our larger, institutional sales and financing volumes also showed significant progress.” Mr. Nadji continued, “The passage of time since the market bottom, coupled with the repricing of CRE assets in response to higher interest rates, is driving increased transaction activity. The recent resurgence of the Middle East conflict and inflation pressures continue to challenge bid/ask spreads tied to the rise in rates over the last few months. However, we are leveraging MMI’s size, scale and unwavering focus on client connectivity to continue revenue growth and service expansion strategies. Our fortress balance sheet is enabling us to continue investing in our platform and talent while returning capital to shareholders as part of our ongoing efforts to create long-term value.” _____________________________ <su

The sale is one of the largest condominium-to-multifamily rental conversions in Florida. WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- Institutional Property Advisors (IPA), a division of Marcus &amp; Millichap (NYSE:MMI) dedicated to serving the company’s institutional clients, announced today the sale of the 400-unit Ponte Verde at Palm Beach Lakes condominium in West Palm Beach, Florida. New Jersey-based Kamson Corp. purchased the property for $90.5 million. Luke Wickham, IPA senior managing director investments, Evan Kristol of Marcus &amp; Millichap, and Shelton Granade and Justin Basquill of IPA brokered the sale. The Ponte Verde at Palm Beach Lakes Condominium Association retained an affiliate of the Condominium Advisory Group LLC, led by John Cadden and Michael Fish, to serve as trustee. “The highest and best use of this property is conversion from condominium to multifamily rental,” said Wickham. “Extraordinarily strong demand for housing in Florida, and in West Palm Beach in particular, helped make this asset a compelling opportunity for investors who recognize the upside potential in the asset and location. The offering attracted significant investor interest, generating a multitude of full-price offers.” “The challenges facing this property, including the financial impact of the Florida Building Safety Act’s reserve requirements and rising operating expenses made Ponte Verde an ideal candidate for a condominium deconversion and sale to a value-add multifamily investor,” said Cadden. “By working closely with the condominium association, its owners, and IPA, we successfully navigated the complex termination process, positioned the property for the marketplace, and maximized value for the owners.” The property is adjacent to the Bear Lakes Country Club and shopping is close by at the Tanger Outlets Palm Beach and CityPlace. There are over 169,000 jobs within a five-mile radius with employers such as HCA Florida Palms West Hospital, St. Mary’s Medical Center, and Palm Beach State College. Downtown West Palm Beach, the Norton Museum of Art, and Palm Beach International Airport are within a short drive. “This sale reflects the increasing role of condominium reconversions in Florida as older properties face rising maintenance costs, mandatory structural reserve funding, and evolving regulatory requirements,” said Andrew Leahy, national division leader, IPA Multifamily. “The market knowledge, strategic planning, and transaction experience of IPA and the Condominium Advisory Group helped guide a complex transaction while protecting the interests of condominium owners and maximizing value.” Ponte Verde at Palm Beach Lakes is a gated, two- and three-story garden-style property with 24 residential buildings and a clubhouse. Common area amenities include two swimming pools, two racquetball courts, and a dry sauna. Units have open floor plans, large closets, and ceiling fans. The average unit size is 901 square feet. About Institutional Property Advisors (IPA) Institutional Property Advisors (IPA) is a division of Marcus &amp; Millichap (NYSE: MMI), a leading commercial real estate services firm in North America. IPA’s combination of real estate investment and capital markets expertise, industry-leading technology, and acclaimed research offers customized solutions for the acquisition, disposition and financing of institutional properties and portfolios. For more information, please visit www.institutionalpropertyadvisors.com About Marcus &amp; Millichap, Inc. (NYSE: MMI) Marcus &amp; Millichap, Inc. is a leading

CALABASAS, Calif.--(BUSINESS WIRE)-- Marcus &amp; Millichap Inc. (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today that its Board of Directors has declared a regular semi-annual dividend of $0.25 per share, or approximately $10.0 million. The dividend will be payable on October 6, 2026, to shareholders of record as of the close of business on September 15, 2026. Any and all future dividends are subject to review and approval by the Board of Directors. About Marcus &amp; Millichap, Inc. Marcus &amp; Millichap, Inc. is a leading national real estate services firm specializing in commercial real estate investment sales, financing services, research and advisory services. As of December 31, 2025, the Company had 1,808 investment sales and financing professionals in more than 80 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, and leasing services to its clients. Marcus &amp; Millichap, Inc. closed 8,818 transactions in 2025, with a sales volume of $50.8 billion. For additional information, please visit www.MarcusMillichap.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260803138809/en/ Investor Relations Contact: InvestorRelations@marcusmillichap.com Source: Marcus &amp; Millichap Inc.

Deferred joins Marcus &amp; Millichap's Preferred Partner Program as a technology-powered qualified intermediary providing 1031 exchange solutions for real estate investors. CALABASAS, Calif.--(BUSINESS WIRE)-- Marcus &amp; Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, today announced that Deferred, the first and only technology-powered qualified intermediary transforming 1031 exchanges for everyday real estate investors, has joined Marcus &amp; Millichap’s Preferred Partner Program as a provider of 1031 exchange solutions. The relationship is designed to provide Marcus &amp; Millichap’s clients with streamlined access to qualified intermediary services and technology-enabled 1031 exchange solutions that help investors preserve capital, defer taxes, and execute reinvestment strategies more efficiently. As interest rates, tax considerations, and market conditions continue to influence investment decisions, many commercial real estate owners are seeking ways to maximize after-tax proceeds while maintaining purchasing power. Through this relationship, Marcus &amp; Millichap’s clients will gain access to Deferred’s exchange platform, educational resources, and experienced exchange professionals. “Helping clients create and preserve wealth through commercial real estate extends beyond the transaction itself,” said Richard Matricaria, chief growth officer of Marcus &amp; Millichap. “1031 exchanges remain one of the most effective tools available to investors seeking to preserve equity and reposition capital. Deferred provides a modern, client-focused approach to guiding investors through the exchange process. Their combination of expertise, service and technology makes them a valuable addition to our Preferred Partner Program.” Deferred combines more than 100 years of collective exchange experience with a powerful software platform designed to make 1031 exchanges simpler, safer, and more cost effective for investors. “Marcus &amp; Millichap has built one of the strongest brands and most extensive client networks in commercial real estate,” said Judd Schoenholtz, CEO of Deferred. “We are excited to support Marcus &amp; Millichap’s clients and professionals with a platform that simplifies the exchange process and helps investors preserve more capital for future investments.” Marcus &amp; Millichap agents who have worked with Deferred consistently describe the company as a trusted 1031 exchange partner that helps them deliver greater value to clients through a seamless, professional process backed by deep expertise. They note that Deferred simplifies complex transactions, inspires confidence in tax-deferral strategies, strengthens long-term client relationships, and enhances the overall client experience. For more information, visit Deferred and the Marcus &amp; Millichap Preferred Partner Program. About Marcus &amp; Millichap, Inc. (NYSE: MMI) Marcus &amp; 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. Marcus &amp; Millichap closed 8,818 transactions with a sales volume of $50.8 billion in 2025. The company had 1,808 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers