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Transaction Details


For Sale Vertical Construction Loan


Los Angeles, CA

  • LTC: 85%
  • Project Type: For Sale Townhome Construction
  • Rate: 11.24% Floating
  • Term: 18 Months
  • Guaranty: Recourse

Transaction Overview

We are pleased to announce the successful closing of a $7.15M Vertical Construction Loan for a stunning 5-unit Condo Development located in Los Angeles, CA. Despite the volatile lending environment, MBP secured a high leverage, 85% LTC Construction Loan that allowed the Sponsor to refinance their existing land loan and fund the vertical component for their Project without the need for additional equity. MBP was able to engage with the Sponsor and close within 45 days.

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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