Recently Financed! MMCC Arranges Cash-Out Refinance for Multifamily Property in Pomona, CA
Marcus & Millichap Capital Corp (MMCC) recently arranged a $1,233,500 cash-out refinance loan for a multifamily property located in Pomona, CA. Rate and terms as follows:
- Loan Amount: $1,233,500
- Interest Rate: 3.75%
- Fixed Term: 5-years
- Amortization: 30-years
- Loan to Value: 45%
- Prepayment: Declining
Financed exclusively by Richard Knorr and Mark Zhai
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.