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Marcus & Millichap unit IPA Capital Markets arranges $43 million construction loan for Miami-area multifamily project

PUBT·09/18/2026 21:07:43
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Marcus & Millichap unit IPA Capital Markets arranges $43 million construction loan for Miami-area multifamily project
  • IPA Capital Markets, a Marcus & Millichap unit, arranged USD 43 million construction financing for Lyra Palmetto Bay in Greater Miami.
  • Financing secured with Pearlmark Real Estate Partners for a 192-unit multifamily development in Palmetto Bay, Florida.
  • Project targets renters earning 80%–120% of area median income under Florida’s Live Local Act; completion expected December 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260918353566) on September 18, 2026, and is solely responsible for the information contained therein.