Marcus & Millichap Capital Corp. (MMCC) a leading provider of commercial real estate financing and capital markets expertise, has arranged a $7.6 million, nonrecourse loan with a government-sponsored enterprise to refinance Highland Willows, a 220-unit multifamily property in Riverdale, Georgia. The loan included a full cash-out to the borrower.

“This is a well-managed, 37-building property on a 27-acre site,” said Robert Bhat, vice president capital markets in MMCC’s Miami office. “We closed the loan within 30 days and met the borrower’s request of five years interest-only at 70 percent loan-to-value.”

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