MMCC ARRANGES $4.9M IN FINANCING FOR 90 UNITS IN PENNSYLVANIA

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DREXEL HILL, HAVERTOWN AND LANDSDOWNE, PA. — Marcus & Millichap Capital Corp. (MMCC) has arranged $4.9 million in financing for four multifamily properties totaling 90 units throughout Pennsylvania. The properties include 4200 Woodland Ave. and 3823 Garrett Road in Drexel Hill; 1333 East Darby Road in Havertown; and 4-8 Owen Ave. in Lansdowne. The loan-to-cost ratio was 80 percent.

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