Recently Financed: $4,720,000 Purchase Financing Multi-Tenant Retail Property in Murphy, TX

Recently Financed: $4,720,000 Purchase Financing Multi-Tenant Retail Property in Murphy, TX

Marcus & Millichap Capital Corp (MMCC) recently arranged $4,720,000 acquisition financing for 1031 exchange client on a multi-tenant retail strip center property located in Murphy, TX - Interest rate and terms, as follows:

  • Loan Amount: $4,720,000
  • Interest Rate: 3.875%
  • Fixed Rate Term: 7-years
  • Amortization:?30-years
  • Loan to Value: 65%
  • Prepayment: 3, 2, 1 (%)

MMCC is a leading source of commercial real estate capital nationwide. In 2021, the firm sourced and closed more than $10.46 billion in debt and equity financing structures through 2,403 capital markets transactions across the U.S.

MMCC secures the most competitive financing available in the marketplace for our clients’ acquisition, refinance, and development needs.

For more information about our financing programs, please contact:

Richard Knorr | Direct (909) 456-3496 | Mobile (760) 445-5766 |

[email protected]

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