M&M Arranges Financing For Free Standing Retail In Parker

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Marcus & Millichap Capital Corp. (MMCC), a leading provider of commercial real estate financing and capital markets expertise, has arranged a loan in the amount of $1,617,500 for a Jack in the Box in Parker, Colorado.  The fixed rate loan has a primary term of 12.5 years and will be amortized over a 22.5-year schedule. A balloon payment for all unpaid principal and interest will be due at maturity. “We were able to secure financing which mirrored the existing lease term allowing the client to lock in a long term, fixed rate and hedge against future interest rate risk.” says Nick Gray, associate director, MMCC.

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