Marcus & Millichap Capital Corp. Arranges Total $21.4M Loans to Refinance Two Multifamily Properties in Harris County

2/9/21

Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, has arranged a $14M loan to refinance a 215-unit multifamily property and a $7.4M loan to refinance a 125-unit multifamily property, both located in Harris County. The loans featured a 3.16% fixed interest rate, 9 years of interest only, and were part of a Green program. The loans were negotiated on behalf of the borrower by Brandon Brown, Senior Managing Director, who is based in the company’s Houston office.

About Marcus & Millichap Capital Corporation

Marcus & Millichap Capital Corporation (MMCC) is a subsidiary of Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada. MMCC provides commercial real estate capital markets financing solutions, including debt, mezzanine financing, preferred and joint venture equity and sponsor equity as well as loan sales and consultative and due diligence services. In 2019, MMCC closed over 1,900 transactions totaling $7.1 billion. To learn more, please visit: marcusmillichap.com/financing.

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