MMCC ARRANGES $2.4M LOAN FOR METRO CHICAGO PROPERTY

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ARLINGTON HEIGHTS, ILL. — Marcus & Millichap Capital Corp. (MMCC) has arranged a $2.4 million loan for the acquisition of Dryden Apartments, a 48-unit multifamily property in Arlington Heights, a suburb of Chicago. Dean Giannakopoulos, a director in MMCC’s Chicago office, arranged the 30-year, self-amortizing loan, which carries a 3.56 percent interest rate.

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