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Marcus & Millichap Capital Corporation Arranges $7.8 Million Financing For Los Angeles Multifamily Property

Summary by Citybiz
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $7.8 million for the refinancing of a 32-unit multifamily property located in Los Angeles, California. Michael Derk, executive managing director in MMCC’s Nashville office secured the financing with a local bank on behalf of a private client. “This deal came with unique challenges as the borrower recently fore…
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