Marcus & Millichap Capital arranges $53 million build-to-rent refinance in Arkansas
MMI•Property details and occupancy
The property spans built in 2024, with at the time of financing.
MMI•MMI•MMI•The property spans built in 2024, with at the time of financing.
Marcus & Millichap unit Marcus & Millichap Capital Corporation arranged $53 million refinancing for The Grove build-to-rent property in Rogers, Arkansas.
The three-year, nonrecourse loan repaid the borrower’s construction facility ahead of maturity, extending runway to stabilize rents before a sale.
