Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced it has made an equity investment in EquityMultiple, a New York-based real estate financing and investment technology platform. The partnership will provide sponsors and operators supplemental private capital financing sources and give accredited investors streamlined access to unique real estate equity and credit opportunities.
“Our investment in EquityMultiple allows MMI to be part of a leading innovative technology platform that further expands our array of capital sources and solutions and creates synergies to facilitate the acquisition, recapitalization and restructuring needs of any commercial real estate transaction,” said J.D. Parker, Marcus & Millichap’s chief operating officer, Eastern Division. “Our firm strategically invests in proptech ventures that we believe will help transform the industry and we are excited to join forces with the EquityMultiple team.”
JLL Capital Markets announced that it has secured a $4 million acquisition financing for El Jugador, a 15-unit multifamily property located in Oceanside, California. JLL...