How Does This $40. 3 Million Birwood Heights Financing Arrangement Benefit Marcus & Millichap’s (MMI) The recent $40.
3 million financing arrangement for the Birwood Heights apartment complex in San Antonio, Texas, has raised several questions about its implications for investors and market trends.
On the surface, the deal involves IPA Capital Markets, MMI's capital markets arm, and a non recourse bridge loan with a 6. 45% stabilized debt yield.