President, Chief Executive, Marcus & Millichap
Nadji joined Calabasas-based real estate brokerage firm Marcus & Millichap in 1996 as vice president of research and advisory services and was named chief executive in 2016. During those years, he assumed various roles including chief marketing officer, overseeing all specialty division sales, launching the company’s institutional services division and playing a leading role in the company’s initial public offering in 2013 as chief strategy officer.
Prior to that, he was a senior vice president of research and technology for Grubb & Ellis, where he started his career in 1986. Nadji received his Bachelor of Science degree in information management and computer science from City University in Seattle and has over 35 years of experience working in the real estate industry. Last year, Marcus & Millichap completed over 7,500 transactions woth nearly $44 billion. The company has more than 1,700 employees and encompasses 80 offices in North America.
In recent years, the brokerage has been investing heavily in proptech. In 2022, the company launched MyMMI, an internal, customizable brokerage tool that automates perpetual matching of investors’ property-search preferences with the firm’s exclusive listings. Today, the firm has more than 100,000 investors registered with MyMMI.
And last year it announced partnerships with San Francisco-based Archer and New York-based EquityMultiple. Archer is a venture-backed real estate technology company that uses automation to accelerate market analysis and underwriting processes. EquityMultiple is a real estate financing and investment technology platform.
“Certain aspects of the business can be enhanced by joining forces with other proptech companies that have an entire business plan and commercial path toward a business they’re trying to carve that’s complementary to our core business,” Nadji told the Business Journal at the time.
