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Building

Transaction Details

Houston, TX property
Houston, TX property

SF Luxury Spec Home

$7,072,960

Houston, TX

SF Luxury Spec Home

  • Project Type: SF Luxury Spec Home
  • LTC: 80%
  • LTV: 75%
  • Term: 24 Month Term
  • Guaranty: Non-Recourse

Transaction Overview

Max Benjamin Partners successfully arranged $7.1 million in non-recourse acquisition and construction financing for an established Houston luxury homebuilder. The loan funded both the land acquisition and the complete ground-up construction of a 10,000+ square-foot luxury speculative residence, providing the sponsor with a comprehensive capital solution for the project.

Despite tightening liquidity for large-balance luxury spec construction, MBP secured a highly competitive structure at 75% loan-to-value. Our team also worked closely with the lender to reduce the required interest reserve, creating a more efficient financing structure that better aligned with the sponsor’s business plan and preserved additional capital for continued growth.

The transaction closed just three weeks after the term sheet was issued, allowing the sponsor to move forward quickly and maintain momentum within its development pipeline. This closing demonstrates MBP’s ability to connect established builders with institutional-quality capital and deliver flexible, efficiently executed financing for sophisticated luxury residential projects.

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.

Intermediaries Team

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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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