$3m loan signed.Marcus & Millichap Capital Corporation (MMCC MMCC Mobile Mini Circus for Children MMCC Memphis Managed Care Corporation MMCC Medicare Managed Care Contract MMCC Mosholu Montefiore Community Center MMCC Marine Mammal Care Center (San Pedro, California) ) has arranged $3.4 million of construction financing on a 15-unit apartment building located in Brooklyn, N.Y. The 15 residential condos will be developed in 2005. The property will also include 1,000 square feet of medical office space. The financing was provided through a savings bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. at a 75 percent loan-to-value ratio Loan-to-value ratio (LTV) The ratio of money borrowed on a property to the property's fair market value. , with an adjustable interest rate starting at 5.25 percent and a 24-month term. The property was purchased by a real estate developer and the financing was arranged through Jerry Kray kray (krī) [Rus.,=edge], administrative and territorial unit of Russia. There are seven krays, or territories, within Russia. They are: Altai Territory, Khabarovsk Territory, Krasnodar Territory, Krasnoyarsk Territory, Maritime Territory, Perm of MMCC's Manhattan office. |
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