Transaction Details
Acquisition Loan
$4,500,000
San Diego, CA
- RATE: 4.49%
- TERM: 7 YEARS FIXED
- LOAN-TO-VALUE: 75%
- AMORTIZATION: NONE-INTEREST ONLY
Transaction Overview
MBP was engaged exclusively by a repeat borrower to refinance their existing debt as it was quickly approaching maturity - a SFR portfolio in the San Diego State University submarket of San Diego, CA. MBP secured a maximum leverage, full-term, interest-only debt solution that underwrote the DSCR to interest only and had no cash-out limitations.
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.