|Bid||34.94 x 800|
|Ask||34.98 x 800|
|Day's Range||34.86 - 35.45|
|52 Week Range||29.49 - 43.50|
|Beta (3Y Monthly)||1.19|
|PE Ratio (TTM)||16.43|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on...
A South Florida developer plans to start tossing dirt on a 17-acre mixed-use project to bring more foot traffic to an adjacent SunRail commuter train station near the Florida Mall. Miami-based MIR Developments LLC plans to break ground on its Sandlake Station development in October, said Mark Rousso, CEO of Miami-based MIR Developments LLC.
The property's rent-per-square-foot ratio ranks it among the most expensive apartment complexes in Stone Oak.
Construction may start early next year on the redevelopment of a shuttered golf course near Orlando's upscale Mall at Millenia. MIR Developments LLC seeks approval for an eight-building, 960-unit apartment complex along with 30,000 square feet of commercial space on the former Eaglewood Golf Club at Oak Ridge Road and John Young, according to Orange County records. The project would be built in two phases and may be called Millenia Park.
A Triad business center with prominent tenants has been sold for $4.1 million. Prudent Growth Partners LLC, a Chapel Hill-based, real-estate investment firm headed by Thomas Hahn, bought Fairfax Business Center in Greensboro from Southern Business Park LLC, managed by Gilbert Rockson.
Marcus & Millichap (MMI) delivered earnings and revenue surprises of 25.58% and 11.25%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
An active Winter Park apartment developer plans to build its next project near Walt Disney World. Epoch Residential wants to start construction on a 320-unit apartment complex northeast of State Road 429 and U.S. 192 in second-quarter 2020, President Justin Sand told Orlando Business Journal. It will be part of Maitland-based Equinox Development Properties Inc.'s 20-acre, $125 million Waterstar project, which also will feature a hotel and shops.
The 116-unit Summer Grove Apartments in Miami sold for $22.45 million this week. California-based real estate brokerage company Marcus and Millichap (NYSE: MMI) facilitated the transaction for the property at 10331 S.W. 24th St., which traded for $193,534 per unit and $240 per square foot. Caesuvest is listed as the seller and Ralgo Coral Way LLC is listed as the buyer.
Amenities include modern kitchens, European-inspired bathrooms, washers and dryers, and luxury electronic features.
Marcus & Millichap (MMI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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.