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IPA Capital Markets Arranges $37 Million Financing for DFW Metropolitan Area Multifamily Asset

March 01, 2024
GRAPEVINE, Texas, March 1, 2024 – IPA Capital Markets, a division of Marcus & Millichap (NYSE: MMI), specializing in capital markets services for major private and institutional clients, announced today the $37 million refinancing of Dane Park, a luxury 392-unit multifamily property in Grapevine, Texas.

Brian Eisendrath, executive managing director, and Cameron Chalfant, senior managing director, based in IPA Capital Markets’ Los Angeles office secured the financing with M&T RCC on behalf of a private investor. Terms of the five-year loan include 6.23% interest only and a spread of 1.68%.
The property features a mix of one- and two-bedroom luxury units. Dane Park has two locations and is pet-friendly with several dog services, including onsite daycare, grooming and concierge services.


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About Institutional Property Advisors (IPA)

Institutional Property Advisors (IPA) is a division of Marcus & Millichap (NYSE: MMI), a leading commercial real estate services firm in North America. IPA’s combination of real estate investment and capital markets expertise, industry-leading technology, and acclaimed research offer customized solutions for the acquisition, disposition and financing of institutional properties and portfolios. For more information, please visit

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