Marcus & Millichap Arranges $44M Financing for Los Angeles Multifamily Properties
Analysis based on 7 articles · First reported Mar 11, 2026 · Last updated Mar 13, 2026
The successful financing of these luxury multifamily properties in United States===Los Angeles by Marcus & Millichap indicates continued strong demand and investor confidence in high-quality real estate assets, particularly in the multifamily sector. This event suggests a positive outlook for the real estate and financial services industries in the region.
Marcus & Millichap===IPA Capital Markets, a division of Marcus & Millichap, announced the $44 million financing of two luxury multifamily properties in United States===Los Angeles, California. Moderno Axis, a 126-unit apartment complex in Van Nuys, received $28,305,000, and Moderno La Granada Hills, a 54-unit complex with retail space in Granada Hills, secured $15,725,000. Anita Paryani-Rice, a senior managing director at Marcus & Millichap, arranged the five-year fixed-rate, non-recourse loans with a national bank on behalf of a private client. The loans feature full-term interest-only payments, step-down prepay terms, and no lender origination fees, with interest rates locked at 5.40% and 5.60%. This financing highlights the strong demand for high-quality multifamily assets in United States===Los Angeles.
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