Real estate services firm Marcus & Millichap Inc. raised $72 million on Thursday in its initial public offering. M&M, trading under the symbol MMI, offered 6 million shares at $12 each, below the target range of $14 to $16 a share. The stock closed today at $13.42. The brokerage, specializing in investment sales, is a based in Calabasas, but its roots and influence in the Bay Area are significant. The Business Journal's most recent list of top commercial real estate firms lists ...
NREIonline.com Freemium Content
"Marcus & Millichap Raises $72 Million in IPO" is FREE to access as a registered user on NREIonline.com.
Why Register for NREIonline? It's simple and free, and here is what you get:
- Access to leading real estate industry research.
- Interactive rankings of commercial real estate professionals.
- Submit your own articles, (if approved) which will appear around the site.
- Ability to comment and interact on all site content.