Updated Mar 25, 2026
Frank Montalto Of Marcus & Millichap Facilitates $31.61M Refinancing For Multifamily Property In Lincoln
4630 Leighton Avenue
$31,610,000
Units
234
Asset Type
MultiFamily
Closing
Mar 24, 2026
About this deal
AI
The Flats at Leighton District is a multifamily property located at 4630 Leighton Avenue in Lincoln, Nebraska, featuring a combination of 234 residential units and ground-floor retail space. The total loan amount arranged for this refinancing is $31,610,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $31,610,000
- Units: 234
- Loan Type: Refinance
- Broker: Frank Montalto - Marcus & Millichap
- Market: Lincoln, NE
IPA Capital Markets, a division of Marcus & Millichap, facilitated the refinancing deal. Frank Montalto represented the property in this transaction, highlighting the involvement of key brokerage firms in the arrangement of the loan.
Lincoln MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93