Marcus & Millichap going public

Commercial real estate brokerage Marcus & Millichap Inc., which closed more than 6,100 transactions worth about $22 billion in 2012, has filed for an initial public offering in which it hopes to raise up to $103.5 million.

The Calabasas, Calif.-based company said in a regulatory filing it would use proceeds from the IPO for general corporate purposes, buying real estate businesses or companies, capital expenditures, and working capital to expand its markets and services. Source: