<p xmlns="http://www.w3.org/1999/xhtml" class="bwalignc"><i xmlns="http://www.w3.org/1999/xhtml">Def...

<p xmlns="http://www.w3.org/1999/xhtml" class="bwalignc"><i xmlns="http://www.w3.org/1999/xhtml">Deferred joins Marcus &amp; Millichap&#39;s Preferred Partner Program as a technology-powered qualified intermediary providing 1031 exchange solutions for real estate investors.</i></p><p xmlns="http://www.w3.org/1999/xhtml" class="bwalignl"><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.marcusmillichap.com&amp;esheet=54576308&amp;newsitemid=20260723390198&amp;lan=en-US&amp;anchor=Marcus+%26+Millichap+%28NYSE%3A+MMI%29&amp;index=1&amp;md5=28960e45bc7dbda6c44ba9f9107bbdcd" shape="rect">Marcus &amp; Millichap (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/MMI">MMI</a>)</a>, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, today announced that Deferred, the first and only technology-powered qualified intermediary transforming 1031 exchanges for everyday real estate investors, has joined Marcus &amp; Millichap’s Preferred Partner Program as a provider of 1031 exchange solutions.</p><p xmlns="http://www.w3.org/1999/xhtml" class="bwalignl">The relationship is designed to provide Marcus &amp; Millichap’s clients with streamlined access to qualified intermediary services and technology-enabled 1031 exchange solutions that help investors preserve capital, defer taxes, and execute reinvestment strategies more efficiently.</p><p xmlns="http://www.w3.org/1999/xhtml" class="bwalignl">As interest rates, tax considerations, and market conditions continue to influence investment decisions, many commercial real estate owners are seeking ways to maximize after-tax proceeds while maintaining purchasing power. Through this relationship, Marcus &amp; Millichap’s clients will gain access to Deferred’s exchange platform, educational resources, and experienced exchange professionals.</p><p xmlns="http://www.w3.org/1999/xhtml" class="bwalignl">"Helping clients create and preserve wealth through commercial real estate extends beyond the transaction itself," said Richard Matricaria, chief growth officer of Marcus &amp; Millichap. "1031 exchanges remain one of the most effective tools available to investors seeking to preserve equity and reposition capital. Deferred provides a modern, client-focused approach to guiding investors through the exchange process. Their combination of expertise, service and technology makes them a valuable addition to our Preferred Partner Program."</p><p xmlns="http://www.w3.org/1999/xhtml" class="bwalignl">Deferred combines more than 100 years of collective exchange experience with a powerful software platform designed to make 1031 exchanges simpler, safer, and more cost effective for investors.</p><p xmlns="http://www.w3.org/1999/xhtml" class="bwalignl">"Marcus &amp; Millichap has built one of the strongest brands and most extensive client networks in commercial real estate," said Judd Schoenholtz, CEO of Deferred. "We are excited to support Marcus &amp; Millichap’s clients and professionals with a platform that simplifies the exchange process and helps investors preserve more capital for future investments."</p><p xmlns="http://www.w3.org/1999/xhtml" class="bwalignl">Marcus &amp; Millichap agents who have worked with Deferred consistently describe the company as a trusted 1031 exchange partner that helps them deliver greater value to clients through a seamless, professional process backed by deep expertise. They note that Deferred simplifies complex transactions, inspires confidence in tax-deferral strategies, strengthens long-term client relationships, and enhances the overall client experience.</p><p xmlns="http://www.w3.org/1999/xhtml" class="bwalignl">For more information, visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.deferred.com%2F&amp;esheet=54576308&amp;newsitemid=20260723390198&amp;lan=en-US&amp;anchor=Deferred&amp;index=2&amp;md5=fae6d1a578ea7a285e24b7627b7b32e7" shape="rect">Deferred</a> and the <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.marcusmillichap.com%2Fpreferred-partner-program&amp;esheet=54576308&amp;newsitemid=20260723390198&amp;lan=en-US&amp;anchor=Marcus+%26+Millichap+Preferred+Partner+Program&amp;index=3&amp;md5=f9764f4a674fd1ee98352dbe63240645" shape="rect">Marcus &amp; Millichap Preferred Partner Program</a>.</p><p xmlns="http://www.w3.org/1999/xhtml" class="bwalignl"><i xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Marcus &amp; Millichap, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/MMI">MMI</a>)</b></i></p><p xmlns="http://www.w3.org/1999/xhtml" class="bwalignl"><i xmlns="http://www.w3.org/1999/xhtml">Marcus &amp; Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. Marcus &amp; Millichap closed 8,818 transactions with a sales volume of $50.8 billion in 2025. The company had 1,808 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate at year end. For additional information, please visit </i><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Furl.us.m.mimecastprotect.com%2Fs%2F7nqjC82oMRFkGrDPS1hDTyYOPJ%3Fdomain%3Dmarcusmillichap.com%2F&amp;esheet=54576308&amp;newsitemid=20260723390198&amp;lan=en-US&amp;anchor=www.MarcusMillichap.com&amp;index=4&amp;md5=32e51b9081e84c6ff5414ac470d48401" shape="rect"><i xmlns="http://www.w3.org/1999/xhtml">www.MarcusMillichap.com</i></a><i xmlns="http://www.w3.org/1999/xhtml">.</i></p><p xmlns="http://www.w3.org/1999/xhtml" class="bwalignl"><i xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Deferred</b></i></p><p xmlns="http://www.w3.org/1999/xhtml" class="bwalignl"><i xmlns="http://www.w3.org/1999/xhtml">Deferred is a technology-powered Qualified Intermediary transforming 1031 exchanges for everyday real estate investors. By eliminating unnecessary fees, enhancing fund security, and leveraging AI-driven automation, Deferred is making real estate transactions simpler, safer, and more cost-effective. Learn more at </i><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D4413162-1%26h%3D3564933869%26u%3Dhttps%253A%252F%252Fwww.deferred.com%252F%26a%3DDeferred.com&amp;esheet=54576308&amp;newsitemid=20260723390198&amp;lan=en-US&amp;anchor=Deferred.com&amp;index=5&amp;md5=7003d5b4357df4fd5492c74a0d27b0c9" shape="rect"><i xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Deferred.com</b></i></a><i xmlns="http://www.w3.org/1999/xhtml">.</i></p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260723390198r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260723390198/en/" rel="nofollow">https://www.businesswire.com/news/home/20260723390198/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml" class="bwalignl"><b xmlns="http://www.w3.org/1999/xhtml">Gina Relva, VP of Public Relations</b><br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:Gina.Relva@MarcusMillichap.com" shape="rect"><b xmlns="http://www.w3.org/1999/xhtml">Gina.Relva@MarcusMillichap.com</b></a></p>

Marcus & Millichap Selects Deferred as Preferred 1031 Exchange Provider

Marcus & Millichap adds Deferred to expand 1031 exchange solutions

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>&lt;p xmlns=&quot;http://www.w3.org/1999/xhtml&quot; class=&quot;bwalignc&quot;&gt;&lt;i xmlns=&quot;http://www.w3.org/1999/xhtml&quot;&gt;Def...</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Deferred joins Marcus &amp; Millichap&#039;s Preferred Partner Program to offer tech-powered 1031 exchange solutions, expanding access for MMI clients. The partnership could boost cross-sell opportunities and client retention as investors seek efficient, tax-aware capital moves. It positions Deferred as a scalable channel for MMI&#039;s advisory services amid a complex rate/tax landscape.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Deferred joins Marcus &amp; Millichap&#039;s Preferred Partner Program for 1031 exchanges. Provides Deferred access to MMI&#039;s client base.</li><li>MMI expands 1031 services through Deferred&#039;s tech-enabled Qualified Intermediary platform. Enhances tax-deferral options for investors.</li><li>Deferred combines 100+ years of exchange experience with an AI-powered platform. Highlights scalable, safer 1031 processing.</li><li>MMI reported 8,818 transactions worth $50.8B in 2025. Indicates large CRE footprint that may benefit from partner solutions.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Marcus &amp; Millichap, Inc. (MMI)</strong>: Partnering with Deferred to broaden 1031 exchange services; potential cross-sell and revenue uplift.</li><li><strong>Deferred (N/A)</strong>: Private tech-enabled 1031 intermediary; partnership may drive client-advisory synergies with MMI.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This is a Corporate Developments/Industry News move signaling continued digitization of CRE services and cross-vendor partnerships that may enhance client value. Fits a trend toward tech-enabled intermediaries expanding traditional real estate tax-deferral tools.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Potential cross-sell revenue from Deferred&#039;s 1031 platform could improve margins.</li><li>Deferred&#039;s tech emphasis may attract more institutional clients to MMI.</li><li>Deal flow for CRE investors may improve with streamlined 1031 solutions.</li><li>Positive signal on MMI&#039;s growth strategy amid rate and tax considerations.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Date of release: July 23, 2026.</li><li>Deferred is described as the first and only technology-powered Qualified Intermediary for everyday 1031 exchanges.</li><li>Deferred combines more than 100 years of collective exchange experience with AI-driven automation.</li><li>Marcus &amp; Millichap closed 8,818 transactions with a sales volume of $50.8 billion in 2025.</li><li>Marcus &amp; Millichap is NYSE: MMI.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>In the near term, modest upside for MMI from cross-sell potential; longer-term earnings impact depends on program adoption.</p>
  </section>
</section>


<article>
  <h1>Marcus & Millichap Selects Deferred as Preferred 1031 Exchange Provider</h1>

  <p>Marcus & Millichap (NYSE: <strong>MMI</strong>) today announced that Deferred has joined its Preferred Partner Program as a technology-powered qualified intermediary delivering <strong>1031 exchange</strong> solutions for everyday real estate investors. The collaboration aims to provide Marcus & Millichap clients with streamlined access to qualified intermediary services and technology-enabled 1031 exchange solutions to preserve capital, defer taxes, and reinvest more efficiently. This partnership comes as investors weigh the impact of interest rates, tax considerations, and market conditions on real estate investments, seeking after-tax optimization while maintaining purchasing power.</p>

  <section>
    <h2>Partnership Overview and Client Access</h2>
    <p>The relationship is designed to provide Marcus & Millichap’s clients with streamlined access to qualified intermediary services and technology-enabled <strong>1031 exchange</strong> solutions that help investors preserve capital, defer taxes, and execute reinvestment strategies more efficiently.</p>
  </section>

  <section>
    <h2>Market Context and Client Benefits</h2>
    <p>As interest rates, tax considerations, and market conditions continue to influence investment decisions, many commercial real estate owners are seeking ways to maximize after-tax proceeds while maintaining purchasing power. Through this relationship, Marcus & Millichap’s clients will gain access to Deferred’s exchange platform, educational resources, and experienced exchange professionals.</p>
  </section>

  <section>
    <h2>Executive Commentary</h2>
    <p>“Helping clients create and preserve wealth through commercial real estate extends beyond the transaction itself,” said Richard Matricaria, chief growth officer of Marcus & Millichap. “1031 exchanges remain one of the most effective tools available to investors seeking to preserve equity and reposition capital. Deferred provides a modern, client-focused approach to guiding investors through the exchange process. Their combination of expertise, service and technology makes them a valuable addition to our Preferred Partner Program.”</p>

    <p>Deferred combines more than 100 years of collective exchange experience with a powerful software platform designed to make 1031 exchanges simpler, safer, and more cost effective for investors.</p>

    <p>“Marcus & Millichap has built one of the strongest brands and most extensive client networks in commercial real estate,” said Judd Schoenholtz, CEO of Deferred. “We are excited to support Marcus & Millichap’s clients and professionals with a platform that simplifies the exchange process and helps investors preserve more capital for future investments.”</p>
  </section>

  <section>
    <h2>Client Experience and Market Leadership</h2>
    <p>Marcus & Millichap agents who have worked with Deferred consistently describe the company as a trusted 1031 exchange partner that helps them deliver greater value to clients through a seamless, professional process backed by deep expertise. They note that Deferred simplifies complex transactions, inspires confidence in tax-deferral strategies, strengthens long-term client relationships, and enhances the overall client experience.</p>
  </section>

  <section>
    <h2>More Information and Resources</h2>
    <p>For more information, visit <a href="https://www.deferred.com" rel="nofollow">Deferred</a> and the <a href="https://www.marcusmillichap.com/preferred-partner-program" rel="nofollow">Marcus & Millichap Preferred Partner Program</a>.</p>
  </section>

  <section>
    <h2>About Marcus & Millichap, Inc. (NYSE: <strong>MMI</strong>)</h2>
    <p>Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. Marcus & Millichap closed <strong>8,818</strong> transactions with a sales volume of <strong>$50.8 billion</strong> in <strong>2025</strong>. The company had <strong>1,808</strong> investment sales and financing professionals in more than <strong>80</strong> offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate at year end. For additional information, please visit <a href="https://www.marcusmillichap.com" rel="nofollow">www.MarcusMillichap.com</a>.</p>
  </section>

  <section>
    <h2>About Deferred</h2>
    <p><strong>Deferred</strong> is a technology-powered <strong>Qualified Intermediary</strong> transforming <strong>1031</strong> exchanges for everyday real estate investors. By eliminating unnecessary fees, enhancing fund security, and leveraging AI-driven automation, Deferred is making real estate transactions simpler, safer, and more cost-effective. Learn more at <a href="https://www.deferred.com" rel="nofollow"><strong>Deferred.com</strong></a>.</p>
  </section>
</article>

Deferred joins Marcus & Millichap's Preferred Partner Program to offer tech-powered 1031 exchange solutions, expanding access for MMI clients. The partnership could boost cross-sell opportunities and client retention as investors seek efficient, tax-aware capital moves. It positions Deferred as a scalable channel for MMI's advisory services amid a complex rate/tax landscape.

News insight

Marcus & Millichap Selects Deferred as Preferred 1031 Exchange Provider

AI summary

Sentiment rationale

Key facts

Corporate Developments