Marcus & Millichap Capital Corporation arranges a $9.6 M loan to refinance Elan Paseo Vista apartments in Oceanside, California
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, has arranged a $9.6 million dollar loan to refinance Elan Paseo Vista Apartments in Oceanside, California.
Chad O’Connor, executive managing director capital markets, in Marcus & Millichap’s San Diego Del Mar office, exclusively financed this deal for a private investor. The10-year fixed loan, was structured with a competitive interest rate of 3.125% and 65% loan-to-value.
Elan Paseo Vista is located at 2301 Paseo De Laura, Oceanside, California.
About Marcus & Millichap Capital Corporation
Marcus & Millichap Capital Corporation (MMCC) is a subsidiary of Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada. MMCC provides commercial real estate capital markets financing solutions, including debt, mezzanine financing, preferred and joint venture equity, sponsor equity, loan sales and consultative and due diligence services. In 2020, MMCC closed 1,943 transactions totaling $7.67 billion. To learn more, please visit: marcusmillichap.com/financing.
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