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Marcus & Millichap Capital Corporation Arranges $53 Million Build-to-Rent Refinance in Northwest Arkansas
Summary by Hastings Tribune
2 Articles
2 Articles
MMCC Arranges $53M Refinancing for Build-to-Rent Property in Rogers, Arkansas
ROGERS, ARK. — Marcus & Millichap Capital Corp. (MMCC) has arranged a $53 million loan for the refinancing of The Grove, a 235-unit build-to-rent (BTR) residential community in Rogers. John Brickson of MMCC’s Dallas office arranged the three-year, nonrecourse loan on behalf of the borrower, a joint venture between Brittenum Group and Realty Capital Partners. The direct lender was not disclosed. Built in 2024, The Grove was 94.5 percent occupied …
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