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Chicago & Midwest  + Midwest  + Apartments  |  October 13, 2025
Jasmine Kilman
By: Jasmine Kilman

MMCC Arranges $18M in Financing for Wisconsin MF

Marcus & Millichap Capital Corporation (MMCC) arranged $18 million in financing for The Common Place, an 88-unit multifamily property located at 686 Mike McCarthy Way in Ashwaubenon, Wisconsin.

Robert Bhat, senior managing director in MMCC’s Miami office, secured a 5-year, non-recourse CMBS loan at 70% loan-to-value with a national bank. Additional loan terms include a 6.45% interest rate and full-term interest only.

“We are pleased to have secured attractive financing for The Common Place, a high-quality multifamily asset located in one of Ashwaubenon’s most vibrant districts,” said Bhat. “The combination of modern amenities, a walkable location to Lambeau Field, and strong sponsorship positioned this property for a successful execution in today’s market.”

Odyssey Climbing & Fitness occupies the first floor of the property. The pet-friendly units range from studios to two-bedrooms and offer in-unit laundry. Additional amenities include a courtyard and bike storage.

Read More News Stories About: Marcus & Millichap
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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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