$10.7MM Single Family Rental Recapitalization | TN

Eyzenberg & Company structured and arranged permanent financing for 65 single-family rental residences in Tennessee.

Challenges

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.

$10.7MM Single Family Rental Recapitalization | TN

Solutions

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.

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