Marcus & Millichap Capital Corporation has arranged $11.76 million in financing for the acquisition of a portfolio of 12 Burger King properties in Ohio.
The financing was exclusively arranged by MMCC’s Chris Marks, senior managing director in Marcus and Millichap’s Manhattan office.
The 63% LTV loan is structured with a 10-year term and an interest rate of 3.9% for seven of the properties and 3.99% for the other five properties.
