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Transaction Details

Student Housing Development


Bryan, Texas

  • Loan Amount: $5,900,000
  • Project Type: Student Housing Development
  • Rate: Prime + 1%

Transaction Overview

StackSource recently arranged financing for the first phase of the new development of a Student Housing community located in Bryan, Texas. The community will feature amenities such as a communal garden and a luxury pool. StackSource facilitated the financing for the sponsors who owned the land free and clear. The terms included 100% financing on the construction, with a 2-year interest-only period at a Prime+1% interest rate. The approval process was streamlined, taking less than 1 month from term sheet to close.

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.

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