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Transaction Details

Multifamily Development Loan


Nampa, Idaho

  • Loan Amount: $13,163,000
  • LTC: 78%
  • Rate: 10.33%

Transaction Overview

StackSource recently arranged financing for the new development of a 60-unit multifamily located in Nampa, Idaho. The property will be comprised of three, 3-story buildings, and will be situated on a 3.09-acre site. StackSource secured the non-recourse senior debt for the experienced borrower with a going in rate of 10.33%, 78% LTC, and interest reserves capitalized in the 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.

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