Marcus & Millichap’s IPA Capital Markets Arranges $110 Million in Agency Financing and Joint Venture Partnership for Connecticut Multifamily Acquisition
Marcus & Millichap, Inc. (MMI)
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Source: Business Wire
BRIDGEPORT, Conn.--(BUSINESS WIRE)--IPA Capital Markets, a division of Marcus & Millichap (NYSE:MMI), specializing in capital markets services for major private and institutional clients has secured $110 million in joint venture equity and agency financing for the acquisition of Canfield Park at Fairfield Metro, two adjacent multifamily properties located in Bridgeport, Connecticut. Built in 2023, the properties feature a combined 300 units and are located near the local transit station in Bridgeport’s Black Rock neighborhood.The New York-based IPA Capital Markets team of Marko Kazanjian, Max Herzog, Andrew Cohen and Max Hulsh secured agency financing on behalf of their client, a new joint venture between an institutional investment management firm and a NYC-based multifamily owner/operator focused on acquiring value-add apartment assets in the Northeast.“Our IPA Capital Markets team is excited to help expand the sponsorship team’s portfolio,” said Kazanjian. “From the moment the
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MMI
Sec Filings
- 11/8/24 - Form 10-Q
- 11/8/24 - Form 8-K
- 10/15/24 - Form SC
- MMI's page on the SEC website