Marcus & Millichap Capital Corporation (MMCC) Refinances A 46-unit Multifamily Property At 44 Byron Street, Worcester, MA With A $5,175,000 Loan

The multfamily property located at 44 Byron Street in Worcester, MA has recently undergone a loan refinancing transaction. The property consists of 46 units and is part of the Worcester market.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,175,000
• Loan Type: Refinance
• Loan Terms: 10-year loan, fixed interest rate of 3.5%, 30-year amortization schedule

The loan for this transaction was facilitated by Robert Damigella from Marcus & Millichap Capital Corporation (MMCC). The loan amount of $5,175,000 was secured to refinance the property. The 10-year loan has a fixed interest rate of 3.5% and follows a 30-year amortization schedule.