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Building

Transaction Details

Atlanta, GA property
Atlanta, GA property

Multifamily Property

$2,628,000

Atlanta, GA

Multifamily Property

  • Project Type: Multifamily Property
  • LTV: 73%
  • Rate: 9%
  • Term: 18 Months: 1 Year Min Int + No Prepay
  • Guaranty: Recourse

Transaction Overview

Max Benjamin Partners, Inc. ("MBP") is proud to announce the successful arrangement of this cash out refinance loan in just thirty-two days. This showcase's MBP's ability to navigate a tight timeline, overcome challenges from the borrower's previous lender, and execute in a complex submarket. Despite ongoing headwinds, we secured a competitive 9% flat interest rate with no prepayment penalty, providing the client with both execution certainty and the flexibility to refinance with agency debt when the time is right.

This deal stood out for its unique challenges: the property required no additional capex – a detail that had previously limited the lender interest and stalled financing efforts. By leveraging our deep lender relationships and creative structuring capabilities, MBP was able to bridge this gap and deliver where others had fallen short.

MBP specializes in debt and equity placement for all asset classes. Our extensive network of unique capital sources in development and permanent financing and extensive capital markets knowledge allows us to tackle a wide variety of transactions, regardless of complexity or size, to benefit our clients.

MBP has a team of dedicated and experienced finance professionals with you at every step. We are consistently improving and expanding our capital market relationships and are committed to exceeding our client's expectations through these relationships, innovative solutions, and outstanding work ethic.

Intermediaries Team

Let's get started.

Work with us to see what our talented team, vast network of debt and equity providers, and capital markets expertise can do for you.

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