Retail - Refinance
- RATE: 5.65%
- TERM: 5 YEARS FIXED
- LTV: 65%
- GAURANTY: RECOURSE
MBP leveraged its capital relationships to procure a competitive refinancing loan with flexible prepayment penalties from a local bank. This retail strip center is comprised of a great mix of national and regional credit tenants and smaller local businesses. MBP was able to focus on the experience of the Sponsor and the creditworthiness of the tenant base, which allowed our lender to get comfortable with the transaction. Our lender was able to give certainty of execution during a time of uncertainty and volatility.
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.
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Work with us to see what our talented team, vast network of debt and equity providers, and capital markets expertise can do for you.