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Building

Transaction Details

1st & 2nd TD Financing

$4,800,000

Los Angeles, CA

  • 1ST TD RATE: 3.50%
  • LINE OF CREDIT RATE: 4%
  • ASSET TYPE: INDUSTRIAL
  • TERM: 5 YEARS
  • LTV: 65
  • GUARANTY: RECOURSE

Transaction Overview

MBP closed a loan that refinanced and procured a 1st and 2nd Trust Deed (TD). This credit facility was able to take advantage of the low-interest rate environment and provide a line of credit to give the borrower financial flexibility as he looks to expand his presence in the area. The line of credit is fixed and subject to review every two years, after which it is renewed and continually revolves.

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.

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