
Marcus & Millichap Capital Corp. (MMCC), a leading provider of commercial real estate financing and capital markets expertise, has arranged a $3 million non-recourse loan secured by a small-bay industrial property located in Winter Park, Fla. Robert Bhat, a director in MMCC’s Miami office, arranged the debt placement.
“The borrower, who specializes in value-add, small-bay industrial projects, acquired this property back in 2014 when it had minimal occupancy. Shortly after they renovated and stabilized the property, we were able to secure a loan with attractive terms,” says Bhat.
Marcus & Millichap Capital Corporation (MMCC) is a subsidiary of Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada. Through its network of national, regional and local lenders, MMCC provides capital markets products for a wide variety of investment properties, including apartments, shopping centers, office buildings, industrial facilities, single-tenant net-lease properties, seniors housing, hotels/motels, manufactured home communities and self-storage facilities. In 2015, MMCC closed more than 1,600 commercial real estate financing transactions. To learn more, please visit: www.mmCapCorp.com

