Wednesday, October 5, 2016
WINTER PARK, FL – Marcus & Millichap Capital Corp. (MMCC), a leading provider of commercial real estate financing and capital markets expertise, has arranged a $3 million non-recourse loan secured by a small-bay industrial property located in Winter Park, Fla.
Robert Bhat, a director in MMCC’s Miami office, arranged the debt placement.
“The borrower, who specializes in value-add, small-bay industrial projects, acquired this property back in 2014 when it had minimal occupancy. Shortly after they renovated and stabilized the property, we were able to secure a loan with attractive terms,” says Bhat.
For a complete copy of the company’s news release, please contact:
Kirk A. Felici
First Vice President/Regional Manager;
Posted by Alex at 9:43 AM