Worcester, MA Marcus & Millichap Capital Corp. (MMCC), a leading provider of commercial real estate capital markets solutions, arranged a $5.175 million refinancing loan for a 46-unit multifamily property. The property is located at 44 Byron St. Robert Damigella, senior director capital markets of MMCC arranged the 10-year loan, which features a fixed interest rate of 3.5% and a 30-year amortization schedule.
Damigella said, “I continue to identify lenders who are keenly interested in financing multifamily properties throughout New England at very attractive rates and terms.”