Metroplex Specialty Use Bridge Loan
$6,000,000Dallas-Fort Worth, TX
- RATE: 8.2%
- TERM: 15 MONTHS
- LTC: 80.0%
- GUARANTY: NON-RECOURSE
The closing of another specialty use acquisition bridge loan for an existing property located in the Dallas–Fort Worth metroplex. The property is being acquired and converted into a new education and childcare facility, which will take approximately 8-10 months post-acquisition. Sponsorship exclusively sought out MBP due our creative capital solutions and certainty of execution. MBP was able to procure competitive leverage, pricing, and structure allowing sponsorship to increase their overall projected return.
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.