Press Releases
$64 Million in Construction Financing Secured by Marcus & Millichap Capital Corporation for Rancho Cucamonga Mixed-Use Development
August 01, 2025
RANCHO CUCAMONGA, Calif., July 31, 2025 – Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $64 million in financing for the construction of a mixed-use multifamily, retail and commercial development project located at 8500 Haven Avenue in Rancho Cucamonga, California.
Ron Balys, senior managing director in MMCC’s Orange County office, secured the financing with Parkview Financial on behalf of a private developer.
“Over the course of six months, we worked closely with our client to thoughtfully prepare this mid-construction financing for market,” said Balys. “The transaction came together seamlessly, thanks to prudent underwriting and an exceptionally well-organized borrower team. In today’s market, successful closings hinge on strong collaboration and this deal was a perfect example of that alignment in action.”
The full project will feature six residential buildings, a mixed-use building with 248 apartment units and ground-floor commercial space, and a retail building. Planned apartment amenities include a swimming pool, fitness center, pickleball court, clubhouse, on-site laundry, and landscaped outdoor areas.
Ron Balys, senior managing director in MMCC’s Orange County office, secured the financing with Parkview Financial on behalf of a private developer.
“Over the course of six months, we worked closely with our client to thoughtfully prepare this mid-construction financing for market,” said Balys. “The transaction came together seamlessly, thanks to prudent underwriting and an exceptionally well-organized borrower team. In today’s market, successful closings hinge on strong collaboration and this deal was a perfect example of that alignment in action.”
The full project will feature six residential buildings, a mixed-use building with 248 apartment units and ground-floor commercial space, and a retail building. Planned apartment amenities include a swimming pool, fitness center, pickleball court, clubhouse, on-site laundry, and landscaped outdoor areas.
# # #
About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
