Marcus & Millichap Capital Corporation Arranges $85 Million in Construction Financing for Beverly Hills Mixed-Use Development
4 Articles
4 Articles
Marcus & Millichap Capital Corporation Arranges $85M in Construction Financing for Beverly Hills Mixed-Use Development
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, has arranged $85 million in construction financing for development of a 297,771-square-foot mixed-use project located at 55 North La Cienega Boulevard in Beverly Hills, California. Sharone Sabar, executive managing director in MMCC’s Encino office, secured the financing on […] The post Marcus & Millichap Capital Corpor…
MMCC Arranges $85M in Construction Financing for Beverly Hills Mixed-Use Project
BEVERLY HILLS, CALIF. — Marcus & Millichap Capital Corp. (MMCC) has arranged $85 million in construction financing for the development of a 297,771-square-foot mixed-use property at 55 N. La Cienega Blvd. in Beverly Hills. Sharone Sabar of MMCC arranged the financing on behalf of a private investor through a national banking institution. The four-year construction loan was structured at 65 percent loan-to-cost. The six-story property will featur…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
