Transaction Details
Bridge Loan Refinance
$5,300,000
Roanoke, TX
- LTC: 55%
- LTV: <55%
- Project Type: Retail
- Rate: Prime + 300
- Term: 24 Months + (2) 6-Month Ext. Options
- Guaranty: Recourse
Transaction Overview
MBP is excited to share the closing of a $5.3M bridge loan, used to refinance a Sponsor out of an existing construction loan with an EB-5 lender. The financing includes four separate restaurants, which are part of a much larger master planned community, located in the Dallas-Fort Worth metroplex. The financing will also be used to finish up remaining tenant improvements in the restaurants.
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.