CEO of Marcus Millichap (MMI) Discusses Record Quarter

<p>We had a record fourth quarter and record year, says CEO Hessam Nadji Marcus and Millichap (MMI). Total revenues increased by 97.9% Y/Y to $495.1M. He discusses using commercial real estate as an investment. Their brokerage commissions more than doubled. They are seeing incredible demand for apartments, fast food restaurants, drug stores and shopping centers. He explains how debt leverage is used in real estate. </p><p><br></p>