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DOYLESTOWN, PA. — Marcus & Millichap Capital Corp. (MMCC) has arranged a $25.6 million loan for the acquisition of a high-rise residential building in Doylestown. The buyer plans to continue to convert the building from a seniors housing to market-rate multifamily units. Additionally, the new owner plans to streamline operations and enhance the property with additional apartments and more community amenities. John Banas and Kristopher Wood of MMCC’s Philadelphia office arranged the 10-year loan, which features a 4.1 percent fixed rate, an 80 percent loan-to-value ratio and a 30-year amortization schedule.