Marcus & Millichap Brokers $14M Sale, Financing of Indiana Property

Marcus & Millichap arranged the sale and financing of The Villas at Green Valley, an 84-unit multifamily property in New Albany, Indiana. The property sold for $14.1 million. Marcus & Millichap Capital Corporation (MMCC), a subsidiary of Marcus & Millichap, arranged $9.2 million in acquisition financing. “The buyer completed a 1031 exchange, consolidating multiple California...