Marcus & Millichap Raises $72 Million in IPO

Source:  Business Journals

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 ... Freemium Content

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