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Home INDUSTRY news $32.5MM Multifamily Bridge Loan Arranged by IPA Capital Markets
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$32.5MM Multifamily Bridge Loan Arranged by IPA Capital Markets

August 30, 20171 Mins read516
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SAN JOSE, Calif., Aug. 29, 2017 – Institutional Property Advisors (IPA) Capital Markets, has arranged $32.5 million in bridge financing for Terra Willow Glen, a 112-unit apartment property constructed in 1979 in San Jose, California. The loan-to-cost was 73 percent. “The borrower purchased the asset in cash six months prior to exploring value-add financing options,” […]

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