MULTIFAMILY BRIDGE LOAN
- RATE: LIBOR+400
- TERM: 36 MONTHS
- LTC: 80%
- GUARANTY: NON-RECOURSE
MBP secured a multifamily acquisition bridge loan for a 171-unit property in Dallas, TX. We obtained competitive leverage and pricing, allowing the borrower to increase their yield. The loan included a renovation reserve which will be used to upgrade older units, add property amenities, and improve the property's curb appeal.
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.
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.