Marcus & Millichap Capital Corporation Arranges $54 Million HUD Refinance for Houston-Area Multifamily Asset

HOUSTON--(BUSINESS WIRE)-- #apartmentmentinvestments--Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, has arranged a $54 million HUD refinance for Lakeview at Westpark, a 298-unit multifamily asset in Richmond, Texas. MMCC's capital markets team was led by Brandon Brown, senior managing director in the firm's Houston office. Brown represented Rockstar Capital and secured the financing through KeyBank at a fixed rate of 5.3% with 35 years.