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Boston & New England  + New England  + Finance  |  July 23, 2020
David Cohen
By: David Cohen

Marcus & Millichap Secures $4M Refinancing for New Haven MF Portfolio

Marcus & Millichap Capital Corp. has secured a $4 million loan to refinance a 13-property multifamily portfolio in New Haven. The 13 buildings consist of 45 apartment units.

Robert Noeldechen of Marcus & Millichap’s New Haven office secured the financing on behalf of the owner, a private investor. The lender was CoreVest.

“With occupancy and collections over 100%, and colleges within the area preparing to open up for the fall semester, the owner is well-positioned to see continued upside in his commercial real estate investments,” said Noeldechen.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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