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 und