Transaction Details
Residential Subdivision - Vertical Construction Loan
$34,000,000
Eugene, OR
- Product Type: Construction
- Asset Class: Residential Subdivision
- Leverage: 85% LTC
- Rate: 11.75% Floating
Transaction Overview
Max Benjamin Partners, Inc. (“MBP”) is pleased to announce another loan closing, successfully securing financing for the vertical construction of a residential subdivision project in Eugene, OR. MBP was engaged to secure financing that would allow the Sponsor to refinance the horizontal development loan and fund the vertical construction of for-sale residential homes. MBP utilized its capital markets relationships to successfully procure this competitive and creative financing structure during a volatile lending environment.
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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Work with us to see what our talented team, vast network of debt and equity providers, and capital markets expertise can do for you.