Transaction Details
Multi-Tenant Retail Acquisition
$7,050,000
Rancho Santa Fe, CA
- LTC: 70%
- Project Type: Retail
- Rate: 10% (Prime + 2%)g
- Term: 12 Months
- Amortization: None
Transaction Overview
MBP is pleased to announce the funding of a multi-tenant retail acquisition in Rancho Santa Fe, in North San Diego. The borrower pledged full recourse in exchange for quick close financing and certainty of execution. The borrower is a seasoned restauranteur, business investor, and real estate investor, who is highly successful in the industry, and purchased the owner-occupied building. Our lender was able to give certainty of execution during a time of uncertainty and volatility.
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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