M&M Capital Corp. Arranges $5.2M Loan for 256-Unit Apartment Property

LANCASTER, OHIO — Marcus & Millichap Capital Corp. (MMCC) has arranged $5.2 million in financing for Muirwood Apartments, a 256-unit multifamily property in Lancaster. The 20-year loan includes a 20-year amortization schedule and a 4.3 percent fixed interest rate. Noah Juran of MMCC’s Cincinnati office arranged the loan for the undisclosed borrower. Michael Barron, Joshua Wintermute and Dan Burkons of Marcus & Millichap’s Cleveland office, and Richard Lattro and Jordan Marshall in the firm’s Columbus office, facilitated the transaction.