$18MM Multifamily Property Recapitalization|Memphis, TN

Structured and arranged a permanent loan to recapitalize garden-style multifamily complexes totaling 436 units.

Challenges

Though newly renovated, the properties tertiary location was outside the lending footprint of many lenders. Additionally, the sponsor created substantial value by fully renovating and repositioning the property and a standard sized recapitalization would provide a substantial cash out to the Sponsor.

Aruyel Nurbekova

JUNIOR ANALYST

Email

anurbekova@eyzenberg.com

D: (305) 995-0777

Alexei Muniak

ORIGINATOR

Email

amuniak@eyzenberg.com

D: (305) 995-0777 ext. 309
C: (917) 536-1057