Industry veteran Mario J Alvarez Jr, who has overseen over $1 billion in individual gross transaction volume and recently managed $5 billion in diverse national inventory, has joined eXp Commercial. The former Marcus & Millichap Market Leader will now focus on scaling his retail and institutional investment sales practice with the nationwide virtual brokerage.
A Strategic Move to eXp Commercial
eXp Commercial, a subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), announced on May 6, 2026, that Alvarez has joined the company. With more than 20 years of experience in the commercial real estate sector, Alvarez brings strategic leadership and a career gross transaction volume exceeding $1 billion. Based in Southern California, he is recognized as a dominant force in the Inland Empire, San Gabriel Valley, Coachella Valley, and High Desert markets.
Proven Leadership and Track Record
Alvarez previously served as Market Leader and Managing Director at Marcus & Millichap, where he oversaw 50 agents and a portfolio of over $5 billion in listed inventory across the United States. His leadership spanned approximately 415 transactions across diverse asset classes, including Hospitality, Multi-Family, Retail, and Industrial. Additionally, his resume includes roles as Executive Vice President at NAI Capital and Managing Director at Newmark, where he spearheaded private-capital retail investment sales.
Industry Endorsement
“Mario pairs a massive $1 billion track record with a rare entrepreneurial spirit that is exactly what we look for at eXp,” said Leo Pareja, CEO of eXp Commercial. “His deep roots in Southern California and his unwavering commitment to empowering those around him make him a tremendous asset to the culture we are building. In this business, proximity is power, and bringing a leader of Mario’s caliber into our tribe will only accelerate the success of everyone around him.”
Why eXp Commercial?
Alvarez’s move reflects a growing trend of top-producing advisors choosing eXp Commercial for its autonomy, equity participation, and institutional-grade support. “Joining eXp Commercial was a strategic decision driven by alignment,” said Alvarez. “The platform delivers advanced commercial real estate tools and innovative technology that elevate how we serve clients. More importantly, it fosters a truly collaborative environment — one that extends across the United States and internationally — creating meaningful opportunities to scale. Coupled with experienced leadership that actively partners with advisors, eXp Commercial provides the foundation to build lasting, generational wealth for both our business and our clients.”
About eXp World Holdings
eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Commercial, a nationwide cloud-based commercial real estate brokerage. As a publicly traded company, it offers commercial advisors the unique opportunity to earn equity awards for meeting production goals and driving company growth. With advanced technology and a global network, eXp Commercial helps advisors grow their businesses and serve clients across commercial sectors like office, industrial, retail, multifamily, land, specialty properties and more.
