$24MM Multifamily Portfolio Recapitalization|Memphis, TN

Structured and arranged a permanent and bridge loan to recapitalize two garden-style multifamily complexes totaling 774 units.

 

Challenges

Two communities were in varied phases of repositioning, necessitating different debt structure from separate lenders. With its on-site staff and management team making the upgrades and repairs, the borrower had lower-than-market costs for capital improvements, making it difficult to comp out.

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