Marcus & Millichap’s IPA Capital Markets Arranges $52 Million Financing for Luxury Glendale Multifamily Property
Marcus & Millichap, Inc. (MMI)
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Source: Business Wire
GLENDALE, Calif.--(BUSINESS WIRE)--IPA Capital Markets, a division of Marcus & Millichap (NYSE:MMI) specializing in capital markets services for major private and institutional clients, announced the $52 million financing of Arista Glendale, a 98-unit luxury multifamily property located at 520 North Central Avenue in Glendale, California.Stefen Chraghchian, IPA Capital Markets senior director, stated: “Arista is a best-in-class community located in the heart of Downtown Glendale. This refinance provides our client with a flexible structure that supports both the property’s performance and their business needs.”Chraghchian, located in the firm’s Encino office, secured the financing with Dwight Capital. The loan is non-recourse and features a five-year, interest-only term at 67.5% loan-to-value.The property features a mix of two- and three-bedroom units with a full amenity package including in-unit laundry, a 24/7 fitness center, resort-style swimming pool with a spa and private cab
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- Marcus & Millichap's IPA Capital Markets Arranges $52 Million Financing for Luxury Glendale Multifamily Property [Yahoo! Finance]Yahoo! Finance
- Marcus & Millichap (NYSE:MMI) had its price target lowered by analysts at Wells Fargo & Company from $29.00 to $28.00. They now have an "underweight" rating on the stock.MarketBeat
- Concorde Welcomes Independent Financial Advisor Ashley Romiti to Broker-Dealer Platform [Yahoo! Finance]Yahoo! Finance
- Assessing Marcus & Millichap (MMI) Valuation After Recent Share Price Volatility [Yahoo! Finance]Yahoo! Finance
- Marcus & Millichap, Inc. to Report Fourth Quarter 2025 Financial Results on Friday, February 13, 2026Business Wire
MMI
Sec Filings
- 1/7/26 - Form 4
- 12/12/25 - Form 4
- 12/12/25 - Form 4
- MMI's page on the SEC website