MMCC Arranges $56M Acquisition Loan for Metro Houston Multifamily Property


Legacy at Cypress in metro Houston totals 422 units. The property was built in 1999.

CYPRESS, TEXAS — Marcus & Millichap Capital Corp. (MMCC) has arranged a $56 million bridge loan for the acquisition of Legacy at Cypress, a 422-unit multifamily property located just outside Houston on the northwest side. Built in 1999, the property offers one-, two- and three-bedroom units and amenities such as a pool, fitness center, business center, clubhouse, volleyball court and onsite laundry facilities. Jamie Mullin and Brandon Brown of MMCC arranged the loan. The borrower was not disclosed.

Content Partners
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