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CHARLOTTE, N.C.--( BUSINESS WIRE )--Marcus & Millichap (NYSE: MMI) today announced that its financing subsidiary, Marcus & Millichap Capital Corp . (MMCC), has arranged $35.8 million in refinancing for Aurora Apartments in Charlotte, North Carolina. The loan was structured with an adjustable interest rate over a seven- year term amortized over 30 years. “MMCC has an existing relationship with the borrower who sought our services based on our reputation as a low-cost provider and our ability to execute complex financing transactions flawlessly ,” said Richard Katzenstein, senior vice president and national director, MMCC. “Leveraging our partnership with PGIM Real Estate Finance , we were able to provide a low- cost capital solution with attractive terms well beyond what the borrower was able to find elsewhere in the marketplace. In addition, MMCC’s execution of the loan was one the best the client had experienced.” “This transaction highlights how our proprietary preferr...

“This generation has a Superman syndrome. They think they can shoot this stuff in their body or put it up their nose and get away with it. They don’t know how dangerous it is — and they’re dropping like flies.” — Lt. Jimmy Cox, Fairfax County “ Eighty percent of overdoses occur between midnight and 4 a.m.,” he said. “And I usually get five calls a day.” — Lt. Jimmy Cox, Fairfax County Police In March 2008, Westfield High grad Alicia Lannes died of a heroin overdose at age 19. Besides being a tragedy, her death came as a wake-up call that the local community had a serious drug problem. It was the catalyst for a seven-month investigation into a Centreville drug ring — and Lannes was one of four local residents who’d died because of heroin overdoses. Ultimately, police arrested 16 people on charges including conspiracy and distribution of heroin. They were then tried and convicted in federal court — where they were sentenced to a total of 135 years in prison. Trouble is, it’s now 201...

What to Know Nina Brekelmans, 25, and Michael McLoughlin, 24, died one year ago after a fire broke out near Dupont Circle, on Riggs Place NW. D.C. officials found that the house where they rented rooms had not been inspected and was not licensed for rental. Cities across the country grapple with how to detect illegal apartments, experts say. The fire that sent flames shooting through the roof of a three-story rowhouse near Dupont Circle started on the first floor, investigators found . An electrical short sparked in the landlord’s living room, and the blaze raced upward in the historic house. Four people were inside. Nina Brekelmans awoke in the burning building and called 911, according to a lawsuit filed by her family. Firefighters arrived minutes later, but by the time they were able to reach her and her housemate Michael McLoughlin , it was too late. Brekelmans, 25, and McLoughlin, 24, were killed by the blaze June 3, 2015 at 1610 Riggs Place NW , where they each rented rooms....