Frank Montalto Of Marcus & Millichap Facilitates $31.61M Refinancing For Multifamily Property In Lincoln

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.