Marcus & Millichap Buying Pinnacle Financial to Expand Midwest Financing Business

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Marcus & Millichap President/CEO Hessam Nadji, left, said the addition of the Pinnacle Financial team led by Jim Leonard, right, will extend the brokerage firm’s capital markets reach in the Midwest.
Making good on strategic plans to grow its mortgage brokerage and servicing business, Marcus & Millichap announced a deal to acquire Cleveland-based commercial real estate finance firm Pinnacle Financial Group, Inc.

Founded in 1990 and now one of…