Entitled Land Refinance
Crystal Bay, NV
- RATE: 9% FIXED
- TOTAL ORIGINATION: 3 POINTS
- TERM: 2 YEARS
- LTV: 30
- GUARANTY: RECOURSE
The sponsor worked for over a decade, investing significant cash equity and cooperating with various government agencies to secure land entitlements and more than 300 TAUs. With strict pricing restrictions and a short closing horizon, MBP was able to leverage its connections to achieve the sponsor’s pricing expectations and a quick close in a tight market.
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.