BELLINGS

MMCC Arranges Financing for Riverside County Self-Storage Property

Marcus & Millichap Capital Corporation (MMCC) arranged $7,380,000 in financing for Beaumont RV and Self Storage, a 49,958-square-foot self-storage property located at 251 W. 1st St. in Beaumont. Chad O’Connor, executive managing director in MMCC’s San Diego office, secured…

Marcus & Millichap Capital Corporation (MMCC) arranged $7,380,000 in financing for Beaumont RV and Self Storage, a 49,958-square-foot self-storage property located at 251 W. 1st St. in Beaumont. Chad O’Connor, executive managing director in MMCC’s San Diego office, secured…

BELLINGS Intelligence Score: 8

Why it matters

This is a routine commercial real estate financing transaction involving a $7.38 million loan for a self-storage property, representing ordinary business activity with limited market impact or novelty.

Sources

  • Connect CRE

    MMCC Arranges Financing for Riverside County Self-Storage Property

    Marcus & Millichap Capital Corporation (MMCC) arranged $7,380,000 in financing for Beaumont RV and Self Storage, a 49,958-square-foot self-storage property located at 251 W. 1st St. in Beaumont. Chad O’Connor, executive managing director in MMCC’s San Diego office, secured…