• IPA Capital Markets, a Marcus & Millichap unit, arranged a USD 75.1 million mid-construction recapitalization for The Monroe Hotel in Miami Beach.
• Financing package led by Nuveen Green Capital’s USD 44 million C-PACE loan, supported by USD 24.8 million construction debt from City National Bank.
• Capital stack also included USD 6.3 million bridge financing from Midland States Bank, backed by historic tax credit equity from PNC Bank.
• Project cost totals USD 125.5 million; the 89-key luxury boutique hotel is scheduled to open in 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: 20260904704037) on September 05, 2026, and is solely responsible for the information contained therein.