Recently Financed! MMCC Arranges Cash-Out Refinance for Mixed-Use Property in Pomona, CA
Marcus & Millichap Capital Corp (MMCC) recently arranged a $1,740,000 cash-out refinance loan for a recently renovated mixed-use property located in Pomona, CA. Rate and terms as follows:
- Loan Amount: $1,740,000
- Interest Rate: 4.125%
- Amortization: 30-years
- Loan to Value: 60%
- Prepayment: No Prepayment Penalty
MMCC is a leading source of commercial real estate capital nationwide. In 2019, the firm sourced and closed more than $6.68 billion in debt and equity financing structures through 1,826 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.