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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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