San Diego Retail Center Receives $3.91M LoanSAN DIEGO, CA – Marcus & Millichap Capital Corporation (MMCC) has arranged a $3.91 million fixed-rate loan to refinance Teirrasanta Gateway Shopping Center (top right photo) located at 5950 Santo Road in San Diego.
Chad O’Connor, a senior director in the firm’s San Diego office, arranged the financing package for the property.
Financing for this transaction was provided by commercial bank at a 6.62 percent fixed rate. Terms of the loan are for 15 years with a 30-year amortization schedule.
Vista, CA Apartment Complex Obtains $1.99M LoanVISTA, CA – Marcus & Millichap Capital Corporation (MMCC) has arranged a $1.99 million non-recourse loan for the acquisition of a 31-unit apartment building, Park Vista Apartments, (bottom left photo) located at 700 Alta Vista Road in Vista, Calif.
Chad O’Connor, a senior director in the firm’s San Diego office, arranged the financing package for Park Vista Apartments.
Financing for the Park Vista Apartments was provided by a commercial bank at a 6.19 percent fixed rate. Terms of the loan are for 10 years with a 30-year amortization schedule.
Press Contact: Kathy Molitor, Marcus & Millichap Capital Corp., (925) 953-1704
Financing for the Park Vista Apartments was provided by a commercial bank at a 6.19 percent fixed rate. Terms of the loan are for 10 years with a 30-year amortization schedule.
Press Contact: Kathy Molitor, Marcus & Millichap Capital Corp., (925) 953-1704
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