Marcus & Millichap Capital Corp. Arranges $800,000 Loan for 529 Carroll St. in Brooklyn, NY

     

  

NEW YORK, NY– Marcus & Millichap Capital Corporation (MMCC) has arranged an $800,000 fixed-rate loan for the cash-out refinance of an eight unit apartment building located at 529 Carroll St. (top left photo) in Brooklyn, New York.

Sean Mooney – Associate Director and Chris Marks – Associate, at the firm’s Manhattan office arranged the financing package for the building.

Financing for this transaction was provided by a Savings Bank at the 5-year fixed rate of 4.75 percent. Terms of the loan are for five-years fixed with a 30-year amortization schedule. Loan to value was 75 percent.

 Press Contact: J.D. Parker, Vice-President and Regional Manager, New Haven

(203) 672-3300