Stefen Chraghchian Of Marcus & Millichap Secures $107M Construction Loan For Mixed-Use Asset In Ontario

The asset involved in the transaction is a mixed-use property located at 4117 Concours Street in Ontario. The property encompasses a total square footage of 311,689. A construction loan of $107,000,000 was secured for this property.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $107,000,000
• Loan Type: Construction
• Broker: Stefen Chraghchian
• Agency: Marcus & Millichap
• Market: Ontario

Stefen Chraghchian represented the broker in this transaction, facilitating the construction financing for the property asset. The deal highlights the collaboration between the broker and the financing entities involved in securing the construction loan.