|Bid||31.56 x 900|
|Ask||31.56 x 800|
|Day's Range||31.37 - 31.76|
|52 Week Range||29.49 - 43.50|
|Beta (3Y Monthly)||1.20|
|PE Ratio (TTM)||14.60|
|Earnings Date||Aug 5, 2019 - Aug 9, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||39.00|
In this article we are going to estimate the intrinsic value of Marcus & Millichap, Inc. (NYSE:MMI) by estimating the...
A new apartment community may rise in a fast-growing part of Central Florida. Murfreesboro, Tennessee-based apartment developer TDK Construction Co. Inc. wants to build a 340-unit apartment complex at the southeast corner of Flamingo Crossings Boulevard and Avalon Road on about 34 acres, according to Orange County documents. The project, called Vintage Horizon West, goes before the Orange County development review committee on July 10.
A New York real estate company wants to build an apartment project on a Seminole County parking lot. RD Management LLC plans to build a 210-unit apartment complex southeast of Semoran Boulevard and U.S. 17-92, according to Seminole County records. The project, called Oxford Place Apartments, is estimated to cost $39.9 million to build, according to industry standards.
Ironically, negotiations over the sale of Retreat at the Park apartments in Burlington, which closed last August, helped cement the leadership of a residential real estate investment group making an impact throughout the Triad and the state. Zach Tran, the developer of Retreat at the Park, and Hal Kern, who led the purchasing group, since have worked together on apartments and single-family developments as Diamondback Investment Group LLC, which Tran started in 2016. "We found we have very similar goals and values," said Tran, who worked with Blue Ridge Cos., before going on out his own about a decade ago in the midst of the real estate recession.
The elite funds run by legendary investors such as David Tepper and Dan Loeb make hundreds of millions of dollars for themselves and their investors by spending enormous resources doing research on small cap stocks that big investment banks don't follow. Because of their pay structures, they have strong incentives to do the research necessary […]
The proposed development sites previously pitched as International Place at Tysons sold last week for nearly $50 million to two separate buyers, more than a year after affiliates of their former owner sought Chapter 11 bankruptcy protection. Thallium LLC, an affiliate of Cogent Communications Holdings Inc. (NASDAQ: CCOI) CEO Dave Schaeffer, closed Thursday on its previously announced acquisition of 8133 Leesburg Pike for $30.25 million. It acquired the property, which includes a nine-story office building, from an affiliate of Stafford-based Garrett Cos. In a related transaction, Tepe & Hisar LLC, an affiliate of a Turkish real estate company, paid $19.5 million for 8201 Leesburg Pike, the site of a former Ford dealership, from another Garrett affiliate.
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Maitland's schools, the nearby lakes and the project's location near major employment centers attracted the Miami developer to the site.
Marcus & Millichap, Inc. (NYSE:MMI) shareholders might be concerned after seeing the share price drop 22% in the last...
A partnership of Gilbane Development Co. and Dantes Partners has acquired a pair of adjacent lots in D.C., on its border with Prince George’s County, where it plans to build 152 units of affordable senior housing on the site of a shuttered Chinese restaurant. Ian Ruel, vice president of investments with The Feldman Group of Marcus & Millichap (NYSE: MMI), tells the Washington Business Journal that the two lots, 306 Southern Ave. SE and 4656 Livingston Road SE, sold for $5.15 million — or about 17 times what seller YLC Inc., owned by Mike Cheung, paid for them 18 years ago. It appears this will be a 1031 exchange, a program under which Cheung can reinvest the proceeds in a new property and defer all capital gains taxes.
A New York investment group has purchased a West Side shopping center for $15.25 million. United Properties Corp., an East Meadow-based private real estate operating company under the name Western Hills Equities LLC., purchased the 127,645-square-foot Western Hills Marketplace June 3, according to Hamilton County auditor’s records. Anchor tenants of the center along Glenway Avenue include Dick’s Sporting Goods, Best Buy and Aldi, which recently signed a 10-year lease.
The Midtown Youth Academy will be taking its talents likely away from the District’s bustling 14th Street NW corridor, as the boxing and education institution’s longtime home there has sold. The Feldman Group of brokerage Marcus & Millichap (NYSE: MMI) announced the $2.275 million sale of 2206 14th St. NW, a 2,870-square-foot building on a 2,400-square-foot lot. The buyer was a joint venture of D.C.-based Zusin Development and New York investment group Sivan Properties.
Owners of industrial real estate, which encompasses warehouses that support logistics and manufacturing, hold a more bullish outlook than do investors in other commercial property assets, although they are far more conservative on price appreciation than they've been in recent months, according to a survey released on June 4. The survey, conducted by the research unit of media firm National Real Estate Investor and real estate brokerage firm Marcus & Millichap, found that 63 percent of 661 respondents expect gains in the industrial sector for 2019. About half of those who already own industrial properties said it's a good time to acquire more, a higher percentage than in recent surveys.
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...
Institutional Property Advisors , a division of Marcus & Millichap , announced today the sale of The District at Grand Terrace, a 352-unit multifamily property in Colton, California.
Central Florida — particularly Orange County — has seen an influx of investment dollars in the past half-decade from REITs.
Marlin Spring and Greybrook Realty Partners purchased the portfolio for $57.15 million from Q Residential. The sale was brokered by Aik Aliferis, IPA senior managing director, in conjunction with TD Securities Inc.
Marcus & Millichap, Inc. , a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services, today announced that Hessam Nadji, President and Chief Executive Officer, will participate in a Commercial Real Estate Industry Roundtable at the 2019 KBW Real Estate Finance & Asset Management Conference, to be held on Thursday, May 30, 2019 ...
This week we saw the Metalo Manufacturing Inc. (CNSX:MMI) share price climb by 22%. But only the myopic could ignore...
Houston-based NewQuest Properties’ effort to broaden its brokerage service offerings got a boost this week with the launch of a dedicated investment sales division.
A 15-unit apartment property on the fringe of downtown Greensboro has been sold to an LLC based in Miami for $1.55 million. AIC Capital, the buyers of Phillips Place at 303 N. Mendenhall St., have plans to add amenities and raise rents, according to Marcus & Millichap (NYSE: MMI), the commercial real estate investment services firm that represented AIC and the seller, Burkely Communities of Greensboro. AIC declined to comment on the planned amenities.
Corporate relocations to Central Florida are rare but important to the region, as they bring new jobs and tax revenue.
The project is slated to go before the city of Orlando municipal planning board for approval on June 18.
Mortgage rates are at its lowest level in 16 months, yet people still prefer rentals. “There’s been a preference to rent throughout this expansion,” says Marcus & Millichap CEO Hessam Nadji. “We’ve seen consumers choose to stay in rental homes a lot longer.” He joins Yahoo Finance's Seana Smith.