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Stock impact report

Marcus & Millichap's IPA Capital Markets Arranges $44 Million Financing for Luxury Los Angeles Multifamily Properties [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
LOS ANGELES, March 11, 2026 BUSINESS WIRE IPA Capital Markets , a division of Marcus & Millichap (NYSE:MMI) specializing in capital markets services for major private and institutional clients, announced today the $44 million financing of two luxury multifamily properties in Los Angeles, California. Moderno Axis, a 126-unit apartment complex located at 7650 Van Nuys Boulevard in the city's Van Nuys neighborhood received $28,305,000 in financing while $15,725,000 was secured for Moderno La Granada Hills, a 54-unit apartment complex with additional retail space located at 17454 Chatsworth Street in the Granada Hills neighborhood. Anita Paryani-Rice, senior managing director in the firm's Los Angeles office, secured the financing with a national bank on behalf of a private client. The five-year fixed rate, non-recourse loans were structured with full-term interest only, step down prepay and no lender origination fees. Interest rates were locked at 5.40% and 5.60%. "This financing re Show less Read more
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