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Thu, Oct 21
A Compendium of Property & Capital News
Thu
Oct 21
A Compendium of Property & Capital News

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

September 28, 2021
44 Byron St.; Worcester MA

WORCESTER — Marcus & Millichap Capital Corporation (MMCC), recently 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.  

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