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MMCC Arranges Acquisition Loan for 415-Unit Multifamily Property in Amarillo

AMARILLO, TEXAS — Marcus & Millichap Capital Corp. (MMCC) has arranged a bridge loan of an undisclosed amount for the acquisition of a 415-unit multifamily property in Amarillo. Jamie Safier of MMCC arranged the nonrecourse, floating-rate loan. The undisclosed borrower will use a portion of the proceeds to fund capital improvements. The direct lender and property name were also not disclosed.

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