Marcus & Millichap Capital Corp. (MMCC), a leading provider of commercial real estate financing and capital markets expertise, has arranged an $8.9 million non-recourse loan for the acquisition of a 108-room Hampton Inn located off International Drive in Orlando, Florida. Robert Bhat, a senior director in MMCC’s Miami office, arranged the financing. The property sold for $19.3 million.

“This hotel has an excellent location and a strong flag,” says Bhat. “A sizable property improvement plan was required and I was able to structure a line of credit for the borrower, who is a foreign national. We locked rate at 5.05 percent for seven years, with the first two years interest-only.”

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 2017, MMCC closed over 1,700 commercial real estate financing transactions totaling $5.63 billion. To learn more, please visit: www.mmCapCorp.com