IPA Capital Markets Arranges $76M Financing for Los Angeles County Multifamily Development
6 Articles
6 Articles
IPA Arranges $76M Financing for Los Angeles County Multifamily Development The Monroe
Institutional Property Advisors (IPA), a division of Marcus & Millichap, specializing in capital markets services for major private and institutional clients, announced it has arranged $76 million in construction financing for The Monroe, a Class A mixed-use multifamily and retail development at 127 West Pomona Avenue in Monrovia, California. Stefen Chraghchian, senior director in IPA […] The post IPA Arranges $76M Financing for Los Angeles Coun…
IPA Capital Markets Secures $76M in Construction Financing for Multifamily Development in Monrovia, California
MONROVIA, CALIF. — IPA Capital Markets, a division of Marcus & Millichap, has arranged $76 million in construction financing for The Monroe, a Class A multifamily and retail development in Monrovia. The project is currently under construction and scheduled for completion in September. Located at 127 W. Pomona Ave., The Monroe will feature 232 apartments and 7,050 square feet of ground-floor commercial space. Apartments will range from studios to…
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