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Marcus & Millichap Capital Corp Secures $18M Loan For 88-Unit Mixed-Use Property In Green Bay
FINANCED
$18,000,000
Wisconsin
See Similar DealsMixed-use
Financed 10/10/2025
FINANCED
Marcus & Millichap Capital Corp Secures $18M Loan For 88-Unit Mixed-Use Property In Green Bay
686 Mike Mccarthy Way
See Similar DealsMixed-use
Financed 10/10/2025
Summary
WISCONSIN
Asset Type:Mixed-use
Transaction Type:Loan
The Common Place is an 88-unit mixed-use property located at 686 Mike Mccarthy Way in Green Bay, NC. The property was financed through a CMBS loan amounting to $18,000,000, secured on October 10, 2025. The loan features a five-year term with a 6.45% interest rate and a 70% loan-to-value ratio, along with full-term interest-only payments.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $18,000,000
- Units: 88
- Address: 686 Mike Mccarthy Way
- Market: Green Bay, NC
- Loan secured by: Marcus & Millichap Capital Corp.
- Broker: Robert Bhat - Marcus & Millichap
This transaction showcases the involvement of Marcus & Millichap Capital Corp. in securing financing from a national bank, specifically for a mixed-use asset near Lambeau Field in Ashwaubenon, WI. The deal highlights Robert Bhat, the broker representing the transaction, facilitating the connection between the borrower and lender for this significant loan agreement.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$18,000,000.00
Monthly NOI$120,000.00
Monthly Debt Service$113,772.24
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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