Quantcast

MacKenzie Capital secures $6.6M for Frederick project

Baltimore-based real estate capital advisory firm MacKenzie Capital LLC has secured $6.6 million in non-recourse financing to recapitalize an office building in Frederick, company officials said Wednesday. The transaction refinanced existing debt and secured significant cash out proceeds to the sponsorship. The lender and the sponsorship were able to negotiate minimal reserves.    

To purchase a reprint of this article, contact reprints@thedailyrecord.com.

Leave a Reply

Your email address will not be published. Required fields are marked *

*