Mario Alvarez Jr. brings $1B+ track record to eXp Commercial

eXp Commercial announced that Mario Alvarez Jr. has joined the firm.

Alvarez brings more than 20 years of experience in commercial real estate and more than $1 billion in career gross transaction volume, according to the company.

He is based in southern California and is active across the Inland Empire, San Gabriel Valley, Coachella Valley and High Desert markets.

Alvarez Jr. said the decision was driven by alignment with the firm’s structure and long-term strategy.

“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.”

Before joining eXp Commercial, Alvarez served as a market leader and managing director at Marcus & Millichap, where he oversaw 50 agents and managed a portfolio with more than $5 billion in listed inventory nationwide. He completed approximately 415 transactions spanning hospitality, multifamily, retail and industrial properties.

His prior roles also include executive vice president at NAI Capital and managing director at Newmark, where he focused on private capital retail investment sales.

Leo Pareja, CEO of eXp Realty, said Alvarez’s background aligns with the company’s strategy of attracting experienced producers.

“Mario pairs a massive $1 billion track record with a rare entrepreneurial spirit that is exactly what we look for at eXp,” said Pareja. “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.”

The company said Alvarez’s move reflects a broader trend among senior commercial real estate advisors toward brokerage models offering greater autonomy, equity participation and technology-driven infrastructure.

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