Marcus & Millichap Capital Corporation Provides $8.75M Refinance Loan For Retail & Office Property In Medford, MA

A retail and office property located at 127-137 Main Street in Medford, MA has recently undergone a loan refinancing transaction. The loan, facilitated by Marcus & Millichap Capital Corporation, was made for an amount of $8,750,000. The loan term spans 10 years and has a loan-to-value (LTV) ratio of 63 percent.

Summary of transaction details:

• Property Type: Retail & Office
• Transaction Amount: $8,750,000
• Address: 127-137 Main Street, Medford, MA
• Market: Medford, MA

The loan was facilitated by Robert Bhat from Marcus & Millichap Capital Corporation. This refinancing deal provides the property owner with the opportunity to leverage their retail and office asset for future financial advantages.