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Marcus & Millichap Earnings Fall As Property Sales Slump

California-Based Brokerage Expects Rising Interest Rates to Further Cut Into Deal Activity
Marcus & Millichap, based in Calabasas, California, reported lower revenue. (CoStar)
Marcus & Millichap, based in Calabasas, California, reported lower revenue. (CoStar)
CoStar News
November 4, 2022 | 8:32 P.M.

Investment property brokerage Marcus & Millichap expects rising interest rates and the increasing risk of recession to be an obstacle to real estate sales and financing activity over the next several months.

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