Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $10,630,000 in financing for the acquisition of six multifamily properties in Chicago.
Dean Giannakopoulos, Senior Managing Director, Capital Markets, based out of MMCC’s Chicago office, secured the financing.
The properties are all located in Chicago’s Beverly & Ashburn neighborhoods and include 118 total units. Financing terms include 24 months plus extension options, full term IO and a 75% LTC.
