Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $4 million for the refinancing of a two-story, 101,772-square-foot office property located at 3501 West Vine Street in Kissimmee, Florida. The property was constructed in 1986 and recently renovated.
Garrett Fierstein, senior director in MMCC’s Orlando office secured the financing with a local credit union on behalf of a private client.
Terms of the 10-year loan include a 6.25% interest rate with a 30-year amortization period and no prepay penalty.
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 2024, MMCC closed 1,249 transactions totaling $9.1 billion. To learn more, please visit: marcusmillichap.com/financing.
