Marcus & Millichap Division Arranges $40.3M Loan for Texas Housing Community
IPA Capital Markets, a division ofMarcus & Millichap (NYSE:MMI)specializing in capital markets services for major private and institutional clients, has arranged $40.3 million in financing for Birwood Heights, a
Marcus & Millichap helped a housing community in Texas get a big loan of $40.3 million, which shows their business is helping people finance real estate deals. This tells us the company is staying busy doing its job, though it doesn't tell us if business is getting better or worse overall.
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