STOCK TITAN

Marcus & Millichap Expands Commercial Property Auction Services with Ian Grusd

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Marcus & Millichap (NYSE:MMI) has announced the hiring of Ian Grusd to expand its national Auction Services team, focusing on Northeast-based clients. Grusd, formerly with Ten-X, brings over 25 years of industry experience and has managed commercial real estate transactions valued at more than $2 billion. He has extensive experience in brokerage, advisory services, asset management, and receivership. The company closed 7,546 transactions in 2023 with a sales volume of approximately $43.6 billion, operating through 1,783 investment sales and financing professionals across more than 80 offices in the United States and Canada.

Marcus & Millichap (NYSE:MMI) ha annunciato l'assunzione di Ian Grusd per espandere il suo team nazionale di Auction Services, concentrandosi sui clienti della regione nord-orientale. Grusd, ex Ten-X, porta con sé oltre 25 anni di esperienza nel settore e ha gestito transazioni immobiliari commerciali del valore di oltre 2 miliardi di dollari. Ha una vasta esperienza in intermediazione, servizi di consulenza, gestione patrimoniale e amministrazione straordinaria. L'azienda ha chiuso 7.546 transazioni nel 2023, con un volume di vendite di circa 43,6 miliardi di dollari, operando attraverso 1.783 professionisti delle vendite e finanziamenti per investimenti in più di 80 uffici negli Stati Uniti e in Canada.

Marcus & Millichap (NYSE:MMI) ha anunciado la contratación de Ian Grusd para expandir su equipo nacional de Auction Services, enfocándose en clientes de la región noreste. Grusd, anteriormente en Ten-X, aporta más de 25 años de experiencia en la industria y ha gestionado transacciones inmobiliarias comerciales valoradas en más de 2 mil millones de dólares. Tiene una amplia experiencia en corretaje, servicios de asesoría, gestión de activos y administración judicial. La empresa cerró 7,546 transacciones en 2023 con un volumen de ventas de aproximadamente 43.6 mil millones de dólares, operando a través de 1,783 profesionales en ventas de inversión y financiamiento en más de 80 oficinas en los Estados Unidos y Canadá.

마커스 앤 밀리차프 (NYSE:MMI)가 북동부 지역 고객을 중심으로 국가 경매 서비스 팀을 확장하기 위해 이안 그루스를 고용했다고 발표했습니다. 그루스는 Ten-X에서 근무하였으며, 25년 이상의 산업 경험을 보유하고 있으며, 20억 달러 이상의 상업용 부동산 거래를 관리해왔습니다. 그는 중개, 자문 서비스, 자산 관리 및 수탁에 대한 폭넓은 경험을 갖추고 있습니다. 이 회사는 2023년에 7,546건의 거래를 마감했으며, 약 436억 달러의 매출을 기록했으며, 80개 이상의 미국 및 캐나다 사무소에 걸쳐 1,783명의 투자 판매 및 자금 조달 전문가가 활동하고 있습니다.

Marcus & Millichap (NYSE:MMI) a annoncé l'embauche d'Ian Grusd pour étendre son équipe nationale des services d'enchères, en se concentrant sur les clients basés dans le nord-est. Grusd, anciennement chez Ten-X, apporte plus de 25 ans d'expérience dans le secteur et a géré des transactions immobilières commerciales d'une valeur de plus de 2 milliards de dollars. Il possède une vaste expérience en intermédiaire, en services de conseil, en gestion d'actifs et en administration. L'entreprise a clôturé 7.546 transactions en 2023 avec un volume de ventes d'environ 43,6 milliards de dollars, opérant à travers 1.783 professionnels des ventes d'investissement et de financement dans plus de 80 bureaux aux États-Unis et au Canada.

Marcus & Millichap (NYSE:MMI) hat die Einstellung von Ian Grusd angekündigt, um sein nationales Team für Auktionsdienste zu erweitern, das sich auf Kunden aus dem Nordosten konzentriert. Grusd, zuvor bei Ten-X, bringt über 25 Jahre Branchenerfahrung mit und hat Gewerbeimmobilientransaktionen im Wert von über 2 Milliarden Dollar geleitet. Er hat umfassende Erfahrung in der Makler- und Beratungsdienstleistungen, im Asset Management und in der Zwangsverwaltung. Das Unternehmen schloss im Jahr 2023 7.546 Transaktionen mit einem Verkaufsvolumen von etwa 43,6 Milliarden Dollar ab und operiert mit 1.783 Fachleuten für Immobilienverkäufe und -finanzierung in über 80 Büros in den USA und Kanada.

Positive
  • Addition of experienced executive with $2 billion transaction history
  • Strong 2023 performance with 7,546 transactions closed
  • Significant sales volume of $43.6 billion in 2023
Negative
  • None.

NEW YORK--(BUSINESS WIRE)-- Marcus & Millichap (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the hiring of Ian Grusd. In his new role, Grusd will focus on expanding Marcus & Millichap’s national Auction Services team with Northeast-based clients selling properties throughout the country.

Ian Grusd (Photo: Business Wire)

Ian Grusd (Photo: Business Wire)

“Ian is an extremely well-respected industry leader known for his expertise and passion for commercial real estate,” said Jim Palmer, who leads Marcus & Millichap’s Auction Services team. “His knowledge of the auction industry, coupled with his ability to understand the needs of clients, overcome obstacles with practical, detailed, and innovative solutions, and support those clients as a trusted advisor make him an excellent fit for Marcus & Millichap’s Auction Services team.”

Previously, Grusd was at Ten-X where he represented real estate investment trusts, private equity funds, institutions, syndicators, and family offices in accelerated marketing and property dispositions through auction. He has over 25 years of brokerage, advisory service, asset management, ownership, and receivership experience and has sourced and sold commercial real estate across all product types valued at more than $2 billion.

Grusd serves on the CCIM New York executive committee, led SIOR New Jersey, and has spoken at numerous conferences, including the Appraisal Institute, RealShare, New Jersey State Bar Association and the CCIM Institute. He has experience as a State of New Jersey court-appointed receiver and is a State of New York Part 36 certified receiver.

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. As of December 31, 2023, the company had 1,783 investment sales and financing professionals in over 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 services to clients. Marcus & Millichap closed 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit www.MarcusMillichap.com.

Gina Relva, VP of Public Relations

Gina.Relva@MarcusMillichap.com

Source: Marcus & Millichap, Inc.

FAQ

What is Marcus & Millichap's (MMI) transaction volume for 2023?

Marcus & Millichap (MMI) closed 7,546 transactions in 2023, with a total sales volume of approximately $43.6 billion.

Who did Marcus & Millichap (MMI) hire to expand their Auction Services team?

Marcus & Millichap hired Ian Grusd, a former Ten-X executive with over 25 years of experience and $2 billion in commercial real estate transactions.

How many investment sales professionals does Marcus & Millichap (MMI) employ?

As of December 31, 2023, Marcus & Millichap had 1,783 investment sales and financing professionals across more than 80 offices in the United States and Canada.

MARCUS & MILLICHAP

NYSE:MMI

MMI Rankings

MMI Latest News

MMI Stock Data

1.47B
37.56M
3.26%
97.71%
1.25%
Real Estate Services
Real Estate Agents & Managers (for Others)
Link
United States of America
CALABASAS