Marcus & Millichap’s IPA Capital Markets Division Arranges $72 Million Refinancing for Mixed-Use Development in Omaha MSA
2024年6月7日 - 7:18AM
ビジネスワイヤ(英語)
IPA Capital Markets, a division of Marcus & Millichap
(NYSE:MMI), specializing in capital markets services for major
private and institutional clients, announced the $72.24 million
refinance of La Vista City Centre, a growing master-planned
multifamily, office and retail development in La Vista,
Nebraska.
Frank Montalto, IPA Capital Markets managing director based in
the firm’s Chicago office, secured the financing on behalf of
City+Ventures, a Nebraska-based investment and development company
that partnered with the City of La Vista beginning in 2015 for the
development of the community.
“Today’s lending environment requires enhanced negotiations to
obtain the most competitive pricing while crafting a creative
structure adhering to our client’s investment thesis,” said
Montalto. “Our team was successful in leveraging our relationships
to get this deal closed in under 50 days to meet impending
deadlines. We are very excited to get this over the finish line
with our client.”
Terms of the seven-year loan include full-term interest-only at
cost of funds plus 1.75% and a loan-to-value of 70%.
La Vista City Centre features the Vivere Apartments complex
consisting of 392 luxury units ranging from studios to two
bedrooms, 32,878 square feet of retail space, and 64,883 square
feet of office space. Located adjacent to the Vivere Apartments is
The Astro, an indoor and outdoor music venue, and a 34-acre
park.
About IPA Capital Markets
IPA Capital Markets is a division of Marcus & Millichap
(NYSE: MMI). IPA Capital Markets provides major private and
institutional clients with commercial real estate capital markets
financing solutions, including debt, mezzanine financing, preferred
and joint venture equity, and sponsor equity. For more information,
please visit institutionalpropertyadvisors.com/capital-markets
About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm
specializing in commercial real estate investment sales, financing,
research and advisory services with offices throughout the United
States and Canada. As of December 31, 2023, the company had 1,783
investment sales and financing professionals in over 80 offices who
provide investment brokerage and financing services to sellers and
buyers of commercial real estate. The company also offers market
research, consulting and advisory services to clients. Marcus &
Millichap closed 7,546 transactions in 2023, with a sales volume of
approximately $43.6 billion. For additional information, please
visit www.MarcusMillichap.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240606951680/en/
Gina Relva, VP of Public Relations
Gina.Relva@MarcusMillichap.com
Marcus and Millichap (NYSE:MMI)
過去 株価チャート
から 5 2024 まで 6 2024
Marcus and Millichap (NYSE:MMI)
過去 株価チャート
から 6 2023 まで 6 2024