Transaction Details
Specialty Use Bridge Loan
$5,750,000
Hurst, TX
- RATE: 8.2%
- TERM: 15 MONTHS
- LTC: 80.0%
- GUARANTY: NON-RECOURSE
Transaction Overview
MBP closed on a specialty use acquisition bridge loan for an existing school campus located in Hurst, TX. The facility, previously owned and operated by a local university, was undergoing rebranding into a new specialty school through a reverse built-to-suit lease structure. Sponsorship is the one of the largest preferred developers for private education and exclusively sought out MBP. We were able to procure competitive leverage, pricing, and structure allowing sponsorship to increase their overall projected return.
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
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.