Marcus & Millichap Capital Corporation Arranges $11.01M Refinance For Industrial & Multifamily Portfolio In St. Petersburg, Hollywood & West Palm Beach

Marcus & Millichap Capital Corporation (MMCC) arranged $11,010,000 in refinancing for three multifamily and three industrial properties across Florida. The financing was secured by Steven Goldwyn and David Purisch, First Vice Presidents at MMCC's Fort Lauderdale office. The loan amount of $11,010,000 was obtained to refinance the portfolio of properties, which consisted of industrial and multifamily assets. The properties are located in St. Petersburg, Hollywood, and West Palm Beach.

Summary of transaction details:

• Property Type: Industrial & Multifamily
• Transaction Amount: $11,010,000
• Loan Type: Refinance
• Loan Terms: 10-year fixed term and amortization

Steven Goldwyn and David Purisch, First Vice Presidents at Marcus & Millichap Capital Corporation, played a key role as the brokers in securing the refinancing for the portfolio of properties. Their expertise and negotiation skills were instrumental in finalizing the loan terms and terms with the lender. Their extensive experience in the market and understanding of the Florida real estate landscape contributed to the successful financing arrangement.