Marcus & Millichap unit IPA Capital Markets arranges $43 million construction loan for Miami — area multifamily project

IPA Capital Markets, a Marcus & Millichap unit, arranged USD 43 million construction financing for Lyra Palmetto Bay in Greater Miami. Financing secured with Pearlmark Real Estate Partners for a 192-unit multifamily development in Palmetto Bay, Florida. Project targets renters earning 80%—120% of area median income under Florida’s Live Local Act; completion expected December 2027. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief via (Ref. ID: 20260918353566) on September 18, 2026, and is solely responsible for the information contained therein. (C)