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0 -0.0015325670498084 -0.00268199233716476 -0.00268199233716476 -0.0134099616858238 -0.0222222222222223 -0.028735632183908 -0.0331417624521072
Stock impact report

Marcus & Millichap's IPA Capital Markets Arranges $52 Million Financing for Luxury Glendale Multifamily Property [Yahoo! Finance]

Marcus & Millichap, Inc. (MMI) 
Last marcus & millichap, inc. earnings: 2/20 04:04 pm Check Earnings Report
US:NYSE Investor Relations: marcus.com/us/en
Company Research Source: Yahoo! Finance
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 cabanas, a lounge, outdoor firepit, barbecue area, billiards gaming area, and parking. About IPA Capital Markets IPA Capital M Show less Read more
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