$7.5 Million in Acquisition Financing Arranged by Marcus & Millichap Capital Corp. in Yorba, CA

YORBA LINDA, CA – Marcus & Millichap Capital Corp. (MMCC), a leading provider of commercial real estate financing and capital markets expertise, has arranged $7.5 million in financing for the purchase of a 36,234-square-foot retail strip center in Yorba Linda, Calif.

            Danny Abergel, vice president capital markets in MMCC’s Encino office, arranged the loan.

            “The borrower called upon MMCC for guidance through the execution of a 1031 exchange that involved multiple property closings,” says Abergel.

            The debt is structured with a 10-year term amortized over 30 years.

       

For a complete copy of the company’s news release, please contact:

Gina Relva

Public Relations Manager

(925) 953-1716