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Building

Transaction Details

Mesa, AZ for-sale townhome community
Mesa, AZ for-sale townhome community

61 For-Sale Townhomes

$21,300,000

Mesa, AZ

61 For-Sale Townhomes

  • Project Type: 61 For-Sale Townhomes
  • LTV: 75%
  • LTP: 85%
  • Term: 30 Months
  • Guaranty: Non-Recourse

Transaction Overview

MBP successfully arranged construction financing for a 61-unit, for-sale townhome community in Mesa, Arizona, delivering a thoughtfully structured capital solution tailored to the project's scope and market dynamics. The team executed a high-leverage, non-recourse financing structure at a time when capital markets remain selective and conditions are shaped by ongoing volatility—demonstrating both creativity and discipline in navigating a complex lending landscape.

The transaction reflects MBP's continued conviction in well-located, high-quality infill housing, particularly within supply-constrained, high-growth markets across the Sun Belt. Mesa, a key submarket within the greater Phoenix MSA, continues to benefit from strong population growth, employment expansion, and sustained housing demand—fundamentals that support for-sale product even amid broader macroeconomic uncertainty.

Equally important, the deal highlights the strength of experienced sponsorship, with a proven development team capable of executing at a high level. Lender interest was driven by both the project's compelling business plan and the sponsor's track record, enabling MBP to secure favorable terms that align with the borrower's objectives.

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.

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