$13,600,000San Diego, CA
- Rate: 5.00%
- Term: 2 years
- LTC: 80%
- Guaranty: Non-recourse
MBP utilized influential capital relationships and procured a non-recourse construction loan for a multifamily apartment complex in San Diego, CA. The loan leveraged the land value and equity spent-to-date, allowing the sponsor to forego bringing any additional equity to close. Our lender mobilized quickly, provided the sponsors with a smooth, one-month closing, and gave the borrower confidence to cancel his other loan application.
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.
Let's get started.
Work with us to see what our talented team, vast network of debt and equity providers, and capital markets expertise can do for you.