Leighton-Lincoln

Marcus & Millichap Arranges $31.6M Refinancing for The Flats at Leighton District in Lincoln, Nebraska

by Lynn Peisner

LINCOLN, NEB. — Marcus & Millichap has arranged the $31.6 million refinancing of The Flats at Leighton District, a 234-unit property with ground-level retail in Lincoln. The lender and borrower were not named. The property offers a mix of studio to three-bedroom units as well as private-entry loft floor plans. Amenities include a resort-style pool and sundeck, controlled-access parking, bike storage, community lounges, a study room, barbeque area and a 24-hour fitness center. Frank Montalto, managing director in IPA’s Chicago office, secured the financing with a national bank.

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