#MMI Marcus & Millichap Capital Corporation Arranges $85 Million in Construction Financing for Beverly Hills Mixed-Use Development
https://www.stocktitan.net/news/MMI/marcus-millichap-capital-corporation-arranges-85-million-in-sk2ka28xsp79.html
Marcus & Millichap (NYSE:MMI), through Marcus & Millichap Capital Corporation, arranged $85 million in construction financing for a 297,771-square-foot mixed-use development at 55 North La Cienega Boulevard in Beverly Hills.The four-year loan is 65% loan-to-cost and will support 140 luxury multifamily units, 13,303 square feet of retail, parking, and extensive amenities.
