{"id":1000573,"date":"2026-09-03T21:27:54","date_gmt":"2026-09-04T01:27:54","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ipa-capital-markets-arranges-40-3-million-financing-for-312-unit-birwood-heights-in-san-antonio\/"},"modified":"2026-09-03T21:27:54","modified_gmt":"2026-09-04T01:27:54","slug":"ipa-capital-markets-arranges-40-3-million-financing-for-312-unit-birwood-heights-in-san-antonio","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ipa-capital-markets-arranges-40-3-million-financing-for-312-unit-birwood-heights-in-san-antonio\/","title":{"rendered":"IPA Capital Markets Arranges $40.3 Million Financing for 312-Unit Birwood Heights in San Antonio"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b><i>IPA Capital Markets Arranges $40.3 Million Financing <\/i><\/b><b><i>for 312-Unit Birwood Heights in San Antonio<\/i><\/b><\/p>\n<p>SAN ANTONIO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fnam11.safelinks.protection.outlook.com%2F%3Furl%3Dhttps%253A%252F%252Fwww.institutionalpropertyadvisors.com%252Fcapital-markets%26data%3D05%257C02%257CGina.Relva%2540marcusmillichap.com%257C6b23b23ab9da486cedd408df095a3932%257C4af2e9e0a2d7475c9f4db3a8a8ad4f5a%257C0%257C0%257C639239955244068178%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3DnPc3SIpCCoU2QqdcLs80xAisdIg1XakHMF5hLd0tccs%253D%26reserved%3D0&amp;esheet=54598723&amp;newsitemid=20260903604376&amp;lan=en-US&amp;anchor=IPA+Capital+Markets&amp;index=1&amp;md5=efbde989da554cdf5eba1403b267a680\"><b>IPA Capital Markets<\/b><\/a><b>, <\/b>a division of<b \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fnam11.safelinks.protection.outlook.com%2F%3Furl%3Dhttps%253A%252F%252Fwww.marcusmillichap.com%252F%26data%3D05%257C02%257CGina.Relva%2540marcusmillichap.com%257C6b23b23ab9da486cedd408df095a3932%257C4af2e9e0a2d7475c9f4db3a8a8ad4f5a%257C0%257C0%257C639239955244078579%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3DgZn4j%252BAYjBkkl4eQ9xMi04EB5evtwVgcmRGrFKhYg%252BU%253D%26reserved%3D0&amp;esheet=54598723&amp;newsitemid=20260903604376&amp;lan=en-US&amp;anchor=Marcus+%26amp%3B+Millichap+%28NYSE%3AMMI%29&amp;index=2&amp;md5=e9940d79db5175d24858cc82329ef41c\"><b>Marcus &amp; Millichap (NYSE:MMI)<\/b><\/a><b \/>specializing in capital markets services for major private and institutional clients, has arranged $40.3 million in financing for Birwood Heights, a 312-unit apartment community in San Antonio, Texas.<\/p>\n<p>\nBrandon Roth, managing director in the firm\u2019s Palo Alto office, worked with Adam Mengacci and Travis Headapohl in Dallas to secure the loan on behalf of a private client. The non-recourse bridge financing features a three-year initial term with loan proceeds sized to 80% stabilized loan-to-value and a 6.45% stabilized debt yield.<\/p>\n<p>\n\u201cLenders provided nine floating-rate and six fixed-rate quotes for this financing opportunity, demonstrating the tremendous lender appetite for newer-vintage multifamily properties across the Sunbelt,\u201d said Roth.<\/p>\n<p>\nBirwood Heights was delivered in March 2019 and offers one-, two- and three-bedroom residences with granite countertops, stainless steel appliances, kitchen islands and in-unit washers and dryers. Shared amenities include a resort-style swimming pool, fitness center, outdoor grilling areas, and resident lounges.<\/p>\n<p>\nLocated near Loop 1604 and Northwest Military Highway, Birwood Heights offers residents convenient access to Interstate 10, the North East Independent School District and major employment, education, healthcare, retail, and entertainment destinations. Nearby demand drivers include USAA\u2019s headquarters, the South Texas Medical Center, and The University of Texas at San Antonio, while The Rim and The Shops at La Cantera provide shopping, dining, and entertainment options. The property is well positioned within Northwest San Antonio\u2019s established employment and commercial corridor.<\/p>\n<p><b><i>About IPA Capital Markets<\/i><\/b><\/p>\n<p><i>IPA Capital Markets is a division of Marcus &amp; Millichap (NYSE: MMI). IPA Capital Markets provides major private and institutional clients with commercial real estate capital markets financing solutions, including debt, mezzanine financing, preferred and joint venture equity, and sponsor equity. For more information, please visit <\/i><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fnam11.safelinks.protection.outlook.com%2F%3Furl%3Dhttps%253A%252F%252Fwww.institutionalpropertyadvisors.com%252Fcapital-markets%26data%3D05%257C02%257CGina.Relva%2540marcusmillichap.com%257C6b23b23ab9da486cedd408df095a3932%257C4af2e9e0a2d7475c9f4db3a8a8ad4f5a%257C0%257C0%257C639239955244091041%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3DnnOrVytNfhyKQ6fm8YBd3n414wtfHNECU%252BlSw1cT4LE%253D%26reserved%3D0&amp;esheet=54598723&amp;newsitemid=20260903604376&amp;lan=en-US&amp;anchor=institutionalpropertyadvisors.com%2Fcapital-markets&amp;index=3&amp;md5=7aa2ad42e9eef31f3219837f6530cd14\"><i>institutionalpropertyadvisors.com\/capital-markets<\/i><\/a><i>.<\/i><\/p>\n<p><b><i>About Marcus &amp; Millichap, Inc. (NYSE: MMI)<\/i><\/b><\/p>\n<p><i>Marcus &amp; Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. Marcus &amp; Millichap closed 8,818 transactions with a sales volume of $50.8 billion in 2025. The company had 1,808 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate at year end. For additional information, please visit <\/i><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fnam11.safelinks.protection.outlook.com%2F%3Furl%3Dhttps%253A%252F%252Furl.us.m.mimecastprotect.com%252Fs%252F7nqjC82oMRFkGrDPS1hDTyYOPJ%253Fdomain%253Dmarcusmillichap.com%252F%26data%3D05%257C02%257CGina.Relva%2540marcusmillichap.com%257C6b23b23ab9da486cedd408df095a3932%257C4af2e9e0a2d7475c9f4db3a8a8ad4f5a%257C0%257C0%257C639239955244104533%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3DgzCbWFG2ZTuTWO8J%252FmmRGPOWlbCSCsnbQxm39Im8ZzM%253D%26reserved%3D0&amp;esheet=54598723&amp;newsitemid=20260903604376&amp;lan=en-US&amp;anchor=www.MarcusMillichap.com&amp;index=4&amp;md5=b76ba1403ff5d9d8324f2c1f6df4c940\"><i>www.MarcusMillichap.com<\/i><\/a><i>.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260903604376r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260903604376\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260903604376\/en\/<\/a><\/span><\/p>\n<p><b>Gina Relva, VP of Public Relations<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:Gina.Relva@marcusmillichap.com\"><b>Gina.Relva@MarcusMillichap.com<\/b><\/a><\/p>\n<p><b>KEYWORDS:<\/b> Texas United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Residential Building &amp; Real Estate Commercial Building &amp; Real Estate Finance Construction &amp; Property REIT<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260903604376\/en\/682345\/3\/MM_logo_288_300_whitebg.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>IPA Capital Markets Arranges $40.3 Million Financing for 312-Unit Birwood Heights in San Antonio SAN ANTONIO&#8211;(BUSINESS WIRE)&#8211;IPA Capital Markets, a division ofMarcus &amp; Millichap (NYSE:MMI)specializing in capital markets services for major private and institutional clients, has arranged $40.3 million in financing for Birwood Heights, a 312-unit apartment community in San Antonio, Texas. Brandon Roth, managing director in the firm\u2019s Palo Alto office, worked with Adam Mengacci and Travis Headapohl in Dallas to secure the loan on behalf of a private client. The non-recourse bridge financing features a three-year initial term with loan proceeds sized to 80% stabilized loan-to-value and a 6.45% stabilized debt yield. \u201cLenders provided nine floating-rate and six fixed-rate quotes for this financing opportunity, demonstrating the tremendous lender &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ipa-capital-markets-arranges-40-3-million-financing-for-312-unit-birwood-heights-in-san-antonio\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;IPA Capital Markets Arranges $40.3 Million Financing for 312-Unit Birwood Heights in San Antonio&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1000573","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IPA Capital Markets Arranges $40.3 Million Financing for 312-Unit Birwood Heights in San Antonio - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ipa-capital-markets-arranges-40-3-million-financing-for-312-unit-birwood-heights-in-san-antonio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IPA Capital Markets Arranges $40.3 Million Financing for 312-Unit Birwood Heights in San Antonio - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"IPA Capital Markets Arranges $40.3 Million Financing for 312-Unit Birwood Heights in San Antonio SAN ANTONIO&#8211;(BUSINESS WIRE)&#8211;IPA Capital Markets, a division ofMarcus &amp; Millichap (NYSE:MMI)specializing in capital markets services for major private and institutional clients, has arranged $40.3 million in financing for Birwood Heights, a 312-unit apartment community in San Antonio, Texas. Brandon Roth, managing director in the firm\u2019s Palo Alto office, worked with Adam Mengacci and Travis Headapohl in Dallas to secure the loan on behalf of a private client. The non-recourse bridge financing features a three-year initial term with loan proceeds sized to 80% stabilized loan-to-value and a 6.45% stabilized debt yield. \u201cLenders provided nine floating-rate and six fixed-rate quotes for this financing opportunity, demonstrating the tremendous lender &hellip; Continue reading &quot;IPA Capital Markets Arranges $40.3 Million Financing for 312-Unit Birwood Heights in San Antonio&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ipa-capital-markets-arranges-40-3-million-financing-for-312-unit-birwood-heights-in-san-antonio\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-04T01:27:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260903604376r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ipa-capital-markets-arranges-40-3-million-financing-for-312-unit-birwood-heights-in-san-antonio\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ipa-capital-markets-arranges-40-3-million-financing-for-312-unit-birwood-heights-in-san-antonio\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"IPA Capital Markets Arranges $40.3 Million Financing for 312-Unit Birwood Heights in San Antonio\",\"datePublished\":\"2026-09-04T01:27:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ipa-capital-markets-arranges-40-3-million-financing-for-312-unit-birwood-heights-in-san-antonio\\\/\"},\"wordCount\":456,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ipa-capital-markets-arranges-40-3-million-financing-for-312-unit-birwood-heights-in-san-antonio\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20260903604376r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ipa-capital-markets-arranges-40-3-million-financing-for-312-unit-birwood-heights-in-san-antonio\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ipa-capital-markets-arranges-40-3-million-financing-for-312-unit-birwood-heights-in-san-antonio\\\/\",\"name\":\"IPA Capital Markets Arranges $40.3 Million Financing for 312-Unit Birwood Heights in San Antonio - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/ipa-capital-markets-arranges-40-3-million-financing-for-312-unit-birwood-heights-in-san-antonio\/","og_locale":"en_US","og_type":"article","og_title":"IPA Capital Markets Arranges $40.3 Million Financing for 312-Unit Birwood Heights in San Antonio - Market Newsdesk","og_description":"IPA Capital Markets Arranges $40.3 Million Financing for 312-Unit Birwood Heights in San Antonio SAN ANTONIO&#8211;(BUSINESS WIRE)&#8211;IPA Capital Markets, a division ofMarcus &amp; Millichap (NYSE:MMI)specializing in capital markets services for major private and institutional clients, has arranged $40.3 million in financing for Birwood Heights, a 312-unit apartment community in San Antonio, Texas. Brandon Roth, managing director in the firm\u2019s Palo Alto office, worked with Adam Mengacci and Travis Headapohl in Dallas to secure the loan on behalf of a private client. The non-recourse bridge financing features a three-year initial term with loan proceeds sized to 80% stabilized loan-to-value and a 6.45% stabilized debt yield. \u201cLenders provided nine floating-rate and six fixed-rate quotes for this financing opportunity, demonstrating the tremendous lender &hellip; Continue reading \"IPA Capital Markets Arranges $40.3 Million Financing for 312-Unit Birwood Heights in San Antonio\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/ipa-capital-markets-arranges-40-3-million-financing-for-312-unit-birwood-heights-in-san-antonio\/","og_site_name":"Market Newsdesk","article_published_time":"2026-09-04T01:27:54+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260903604376r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ipa-capital-markets-arranges-40-3-million-financing-for-312-unit-birwood-heights-in-san-antonio\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ipa-capital-markets-arranges-40-3-million-financing-for-312-unit-birwood-heights-in-san-antonio\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"IPA Capital Markets Arranges $40.3 Million Financing for 312-Unit Birwood Heights in San Antonio","datePublished":"2026-09-04T01:27:54+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ipa-capital-markets-arranges-40-3-million-financing-for-312-unit-birwood-heights-in-san-antonio\/"},"wordCount":456,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ipa-capital-markets-arranges-40-3-million-financing-for-312-unit-birwood-heights-in-san-antonio\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260903604376r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ipa-capital-markets-arranges-40-3-million-financing-for-312-unit-birwood-heights-in-san-antonio\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/ipa-capital-markets-arranges-40-3-million-financing-for-312-unit-birwood-heights-in-san-antonio\/","name":"IPA Capital Markets Arranges $40.3 Million Financing for 312-Unit Birwood Heights in San Antonio - 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