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Building

Transaction Details

Raleigh, NC property
Raleigh, NC property

Townhome

$9,991,799

Raleigh, NC

Townhome

  • Rate: 9.99% Ground Up 11% Midstream
  • Loan-To-Value: 75%
  • Project Type: Townhome
  • Term: 18 Months
  • Guaranty: Full Recourse

Transaction Overview

Max Benjamin Partners, Inc. (MBP) successfully secured a $9.99 million construction loan for a for-sale townhome development in Raleigh, North Carolina. The financing package refinanced the sponsor’s existing debt, reimbursed project costs to date, and fully capitalized the remaining construction budget—allowing the sponsor to move seamlessly from land development into vertical construction without any additional equity requirement at closing.

This high-leverage, structured facility underscores MBP’s ability to deliver creative, execution-driven financing solutions for developers navigating evolving capital markets. By leveraging deep lender relationships and disciplined underwriting, MBP achieved terms that maximized proceeds and eliminated the need for further capital contributions. Upon completion, the newly built townhomes will be marketed individually for sale, contributing to the growth of Raleigh’s rapidly expanding residential market.

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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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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