Business
Marcus & Millichap’s IPA Capital Markets Arranges $52 Million Financing for Luxury Glendale Multifamily Property
GLENDALE, Calif., February 03, 2026--Marcus & Millichap's IPA Capital Markets Arranges $52 Million Financing for Luxury Glendale Multifamily Property
About this update from Marcus & Millichap, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1024,"height":512,"url":"https://media.zenfs.com/en/business-wire.com/bbc1b75839571f93b1f2f10961c87ba7"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Ch7VFsdBIQrF2IREPT76oQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ4MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/bbc1b75839571f93b1f2f10961c87ba7","width":960,"height":480},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/04lQhk.rb6bS..pGM3WChg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIwNDg7aD0xMDI0O2NmPXdlYnA-/https://media.zenfs.com/en/business-wire.com/bbc1b75839571f93b1f2f10961c87ba7","width":1024,"height":512}},"lazy":false},{"type":"text","content":"GLENDALE, Calif., February 03, 2026--(BUSINESS WIRE)--IPA Capital Markets, a division of Marcus & Millichap (NYSE:MMI) specializing in capital markets services for major private and institutional clients, announced the $52 million financing of Arista Glendale, a 98-unit luxury multifamily property located at 520 North Central Avenue in Glendale, California.","length":363,"tagName":"p"},{"type":"text","content":"Stefen Chraghchian, IPA Capital Markets senior director, stated: "Arista is a best‑in‑class community located in the heart of Downtown Glendale. This refinance provides our client with a flexible structure that supports both the property’s performance and their business needs."","length":288,"tagName":"p"},{"type":"text","content":"Chraghchian, located in the firm’s Encino office, secured the financing with Dwight Capital. The loan is non-recourse and features a five-year, interest-only term at 67.5% loan-to-value.","length":186,"tagName":"p"},{"type":"text","content":"The property features a mix of two- and three-bedroom units with a full amenity package including in-unit laundry, a 24/7 fitness center, resort-style swimming pool with a spa and private cabanas, a lounge, outdoor firepit, barbecue area, billiards gaming area, and parking.","length":274,"tagName":"p"},{"type":"text","content":"About IPA Capital Markets","length":25,"tagName":"p"},{"type":"text","content":"IPA Capital Markets is a division of Marcus & Millichap (NYSE: MMI). IPA Capital Markets provides major private and institutional clients with commercial real estate capital markets financing solutions, incl...