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Marcus & Millichap acquires LMI Capital
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LMI Capital provides capital market services for commercial real estate owners, developers and investors across the Southwest.
Marcus & Millichap, a commercial real estate brokerage firm based in Calabasas, Calif., has broadened its capital markets services with acquisition of Houston-based LMI Capital. Terms were not disclosed.
Founded in 1999, LMI Capital arranges debt and equity capital for multifamily, office, retail, self-storage, hospitality, mixed-use and industrial properties. The deal adds a 10-person team including LMI Capital Principals Jamie Mullin and Brandon Brown to the company s Marcus & Millichap Capital Corp. division.
LMI, which has arranged financing in the multifamily sector through Fannie Mae and Freddie Mac, has completed more than $1.2 billion in transactions over the last three years. The company serves commercial real estate owners, developers and investors across the Southwe ....

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