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Marcus & Millichap Capital Corporation Arranges Financing for 46-Unit Worcester Multifamily Property

September 22, 2021

Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets solutions, arranged a $5,175,000 refinancing loan for a 46-unit multifamily property in Worcester, Massachusetts. The property is located at 44 Byron Street. 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.  

Robert Damigella comments, “I continue to identify lenders who are keenly interested in financing multifamily properties throughout New England at very attractive rates and terms.”

 

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About Marcus & Millichap (NYSE: MMI)

With over 2,000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 8,954 transactions in 2020 with a value of approximately $43 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com.

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