Year in Review: Matthews™ Closes 2024 with Record Sales and Big Wins Across the U.S

In a year plagued by soaring interest rates and stagnant sales activity, Matthews™ continued to make strides, solidifying its place as the nation’s fastest-growing commercial real estate firm and a top 15 most powerful brokerage firm in the U.S. Let’s take a look back at our year in review.

 

Investing in Support

As a company, we continued to invest in our support platform, hiring 56 men and women across multiple departments. In addition, Matthews™ Proptech made incredible progress in the development and build-out of our proprietary ground-breaking technology set to launch in early 2025.

 

Leveling Up in Experience

With the continuation of our rapid growth and sales trajectory over the past several years, we’ve caught the attention of industry leaders who want to be where the people are hungry, and resources are plenty. This year, we welcomed 35 senior commercial real estate from coast to coast.

Offices: Orange County, Encino, Atlanta, Denver, Dallas, New York, San Diego, Chicago, Houston, Nashville, Walnut Creek, El Segundo, Phoenix, Fort Lauderdale, Austin

 

Closing Deals Against the Odds

Commercial real estate faced several challenges in 2024, including one of the most difficult lending environments since the Great Financial Crisis and a decline in transaction activity in the majority of major asset classes. Although it was a difficult year, we continued to pen deals and push closings across the finish line. Here are some of our biggest transactions this year.

 

• $55M 1031 Exchange in 12 States | Keegan Mulcahy & Chad Kurz
• $45.5M | Westport, CT | Joanna R. Manfro
• $36.75M | Charlotte, NC | Rahul Chhajed and Michael Moreno
• $34.99M | Slat Lake City, UT | Eric Roggio, Brett Davis, & Alexander Harrold
• $31M | Clarksville, TN | Austin Fragoletti & Austin Graham
• $22.5M | Merced, CA | Matt LoPiccolo
• $14.04M Los Angeles, CA | Nabil Awada
• $13.7M | Jersey City, NJ | David Ferber

 

For 2024, we recorded a 41% year-over-year increase in sales volume. Since its founding, we have completed $66.26B in sales and 25,477 transactions.

 

Thank you to our clients, agents, employees, and business partners for your trust and support this past year. We look forward to serving you all in 2025!