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Building

Transaction Details

HORIZONTAL DEVELOPMENT FINANCING

$16,500,000

N. Colorado, CO

  • RATE: 12%
  • TERM: 24 MONTHS, INTEREST ONLY
  • LTC: 60%
  • POINTS: 2.5%
  • GUARANTY: NON-RECOURSE

Transaction Overview

MBP successfully financed the horizontal development of a 256 acre master planned, development project consisting of 288 single family lots situated in the heart of northern Colorado. MBP provided several capital stack solutions for the project, including a solution in which the client was able to execute their business plan and develop all lots within an expected 12-month period of time. The sponsor signed contracts with three prominent home builders to develop on each of the finished lots.

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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