Marcus & Millichap Capital Corp. (MMCC), a leading provider of commercial real estate financing and capital markets expertise, has arranged a total of $3,480,000 million in refinancing for three multifamily properties, totaling 62 units, located in the Bridgeport section of Connecticut. Robert Noeldechen of Marcus & Millichap’s New Haven office, led the refinance. The properties are:

Park Avenue Apartments, 858-860 & 866-872, Bridgeport CT

Marble Edge Apartments, 2646 Fairfield Avenue, Bridgeport CT

Main & Federal Apartments, 2445 Main Street, Bridgeport CT

“The client was pleased with our work on past transactions as we do what we say and deliver as we promise.” says Noeldechen. “We were able to present a very clear picture to the lender – good information led to a favorable outcome. In this case we were able to deliver an interest rate that was over 10 BPS lower than at application.”

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. Through its network of national, regional and local lenders, MMCC provides capital markets products for a wide variety of investment properties, including apartments, shopping centers, office buildings, industrial facilities, single-tenant net-lease properties, seniors housing, hotels/motels, manufactured home communities and self-storage facilities. In 2017, MMCC closed over 1,700 commercial real estate financing transactions totaling $5.63 billion. To learn more, please visit: www.mmCapCorp.com