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.
On the Map
$31,610,000
MultiFamily
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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