MMCC Arranges $64M in Construction Financing for Rancho Cucamonga Mixed-Use Development

MMCC Arranges Construction Loan for Rancho Cucamonga Mixed-Use

Marcus & Millichap Capital Corporation (MMCC) arranged $64 million in financing for the construction of a mixed-use multifamily, retail and commercial development project located at 8500 Haven Ave. in Rancho Cucamonga. Ron Balys, senior managing director in MMCC’s Orange County office, secured the financing with Parkview Financial on behalf of a private developer. “Over the course of six months, we worked closely with our client to thoughtfully …

MMCC Arranges $64M in Construction Financing for Rancho Cucamonga Mixed-Use Development

RANCHO CUCAMONGA, CALIF. — Marcus & Millichap Capital Corp. (MMCC) has arranged $64 million in financing for the construction of a mixed-use development project at 8500 Haven Ave. in Rancho Cucamonga. Ron Bayls of MMCC secured the financing through Parkview Financial on behalf of a private developer. At full build-out, the 248-apartment project will feature six residential buildings, a mixed-use building, ground-floor commercial space and a reta…