Marcus & Millichap Releases New Single-Tenant Retail Reports as Industry Gathers at ICSC Las Vegas
Marcus & Millichap has released two new national research reports indicating continued strength in the single-tenant net-lease (STNL) retail sector, with transaction activity rising sharply in 2025. Despite economic uncertainty, investor demand for high-quality net-lease retail assets remains strong, driven by retailers focused on necessity, convenience, and value. Private investors accounted for approximately 75% of buyer dollar volume, favoring assets with strong tenant credit and long-term leases, and professionals from Marcus & Millichap are present at ICSC Las Vegas to discuss these trends.
MAY 11·Business Wire▲
Marcus & Millichap Capital Corporation Arranges $54 Million HUD Refinance for Houston-Area Multifamily Asset
Marcus & Millichap Capital Corporation (MMCC) has secured a $54 million HUD refinance for Lakeview at Westpark, a 298-unit multifamily property in Richmond, Texas, owned by Rockstar Capital. This refinancing converted a floating-rate bridge loan into a fixed-rate HUD loan with a 5.3% interest rate and 35-year amortization, despite complexities arising from a local Housing Finance Corporation structure and Texas HB21. The transaction underscores strong lender confidence in Houston's high-growth submarkets and supports Rockstar Capital's strategy for long-term value creation.
MAR 30·MarketBeat▼
Marcus & Millichap, Inc. (NYSE:MMI) Sees Large Growth in Short Interest
Marcus & Millichap (NYSE:MMI) experienced a significant 39% increase in short interest in March, reaching 773,256 shares, which represents about 3.4% of the company's float. Analysts currently have a "Sell" consensus rating on the stock with a target price of $28.00. The company recently announced a $0.25 dividend and its CEO sold shares, reducing his ownership significantly.
