Case Study: $10.7MM Single Family Rental | Recapitalization | Tennessee
Eyzenberg & Company structured and arranged permanent financing for 65 single-family rental residences in Tennessee.
The client had acquired 65 single family rentals with several equity partners and was seeking to roll up each portfolio into a single term loan. Due to the dynamic nature of the portfolio, with assets in various stages of acquisition, renovation and lease up, flexible underwriting was required.
After reviewing several fixed and floating rate options, Eyzenberg & Company selected a lender willing to incorporate additional assets into the collateral during the underwriting period.