Marcus & Millichap announces strategic partnership with Archer

Marcus & Millichap announced a strategic partnership that includes an equity investment and commercial relationship with Archer, a venture-backed real estate technology company. Richard Matricaria, Marcus & Millichap’s chief operating officer, Western Division, stated: “Our relationship with Archer is one of the ways we continue to stay on the leading edge within the proptech space. We value Archer’s technology and the strategic benefits they provide our brokers and clients and took the opportunity to expand our partnership with an equity investment.”