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Transaction Details

160-unit multifamily community in San Bernardino, CA
160-unit multifamily community in San Bernardino, CA

160 Unit Multifamily

$46,000,000

San Bernardino, CA

160 Unit Multifamily

  • Project Type: 160 Unit Multifamily
  • LTV: 77%; Cash-out LTC
  • Term: 5 Year Interest Only
  • Rate: 5.73%
  • Guaranty: Non-Recourse

Transaction Overview

MBP is pleased to announce the successful closing of a cash-out refinance for a 160-unit multifamily community in San Bernardino, California. The financing provided long-term, non-recourse permanent debt with a five-year interest-only structure, allowing the sponsor to unlock equity, strengthen cash flow, and maintain the flexibility necessary to execute the next phase of the property's investment strategy. The transaction reflects the continued demand for well-structured financing solutions that support both liquidity and long-term value creation.

In today's capital markets, achieving attractive leverage while maintaining execution certainty requires more than simply sourcing capital—it demands thoughtful structuring, strategic lender positioning, and disciplined execution. MBP worked closely with the borrower and lending partner to deliver a financing solution that maximized proceeds, secured favorable long-term terms, and aligned the capital structure with the sponsor's business objectives. The result was a financing package that enhanced the property's long-term financial profile while providing certainty through closing.

From initial underwriting through final execution, MBP served as a strategic advisor throughout the financing process, coordinating the transaction to ensure an efficient and successful outcome. The financing was arranged by Zachary Novatt, whose expertise in structuring institutional debt solutions helped position the borrower for continued success and long-term value creation.

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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