Marcus & Millichap Division Secures $174M in Financing for New Jersey Property (NYSE:MMI)


  • IPA Capital Markets, a division of Marcus & Millichap (NYSE:MMI) insured $174 million in equity and debt financing for the acquisition of 55 Riverwalk Place, a 348-unit multifamily property located in West New York, New Jersey.
  • “The acquisition represents a significant opportunity for additional value for the sponsor,” said Marko Kazanjian, a member of the IPA Capital Markets team based in New York.



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