Transaction Details
SF Luxury Spec Home
$7,370,350
Phoenix, AZ
SF Luxury Spec Home
- Project Type: SF Luxury Spec Home
- LTV: 75%
- LTP: 90%
- Rate: 8.85%
- Term: 24 Months
Transaction Overview
Max Benjamin Partners arranged high-leverage, non-recourse construction financing for a scattered-lot luxury spec homebuilder in Scottsdale, Arizona, supporting the sponsor's continued expansion in a competitive and capital-intensive market. The borrower was seeking not just a one-off execution, but a programmatic capital partner that could scale alongside their pipeline while reducing upfront equity requirements and mitigating recourse exposure.
MBP structured and sourced a forward commitment with a private debt fund, delivering competitive terms and a repeatable financing solution for future spec developments under $10 million. The structure provides the sponsor with certainty of execution across multiple projects, enabling more efficient capital deployment and a streamlined path to growth without compromising flexibility.
This transaction highlights MBP's ability to pair emerging and growth-oriented sponsors with institutional capital in a way that goes beyond a single closing. In an increasingly constrained private credit environment, MBP continues to deliver tailored, institutional-grade solutions that position clients for long-term scalability and success.
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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