IPA Capital Markets Arranges $25.5M Construction Financing for Meadowview of Fayetteville in Arkansas

FAYETTEVILLE, Ark. — IPA Capital Markets, a division of Marcus & Millichap, has arranged $25.5 million in construction financing for Meadowview of Fayetteville, a 117-unit senior living complex in Fayetteville.

Frank Montalto, managing director in IPA Capital Markets’ Chicago office, secured the financing with a local bank on behalf of a private developer. 

Terms of the construction loan include a floating rate, five-year term and 70 percent loan-to-cost ratio. 

The ground-up development will feature 60 independent living apartments and 57 assisted living apartments.