Transaction Details
MULTI-FAMILY PORTFOLIO REFINANCE
$34,234,750
Houston, TX
- RATE: 8.49%
- TERM: 12 MONTHS
- LTC: 85%+
- ARV: 75%
- INTEREST ONLY: 12 MONTHS
- GUARANTY: RECOURSE
Transaction Overview
MBP was the third advisory firm to work the refinancing for this multifamily portfolio and took a meticulous and creative approach to facilitate a structure that satisfied existing obstacles as well as liquidity and net worth requirements resulting in a 12-month interest-only loan.
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.