Structured and placed a revolving first mortgage construction loan for the development of a 110-building, 224-unit Build for Rent community located in Lebanon, TN.
Challenges
Client sought flexible construction financing adapted to an innovative development concept using modular housing deployment.
Solutions
Structured a secured, synthetic line of credit within the framework of a traditional construction financing. The hybrid structure allows draws to fund off-site factory production and additional funding upon attachment / hook-up to the real property. Flexible pay-off provisions enable early, partial loan retirement via bridge-to-agency or permanent finance take-outs.
sschumer@Eyzenberg.com
D: (305) 995-0777 ext .306
C: (305) 360-9625
Mr. Muniak joined Eyzenberg & Company in 2022 to focus on debt and equity originations in his newly adopted home of South Florida.
Mr. Muniak is Co-Founder and Managing Partner at Makal Equities, a real estate investment firm specializing in multifamily, industrial and retail property in Southern California and New York. He invested, sourced, and underwrote all commercial development and investment opportunities during this time. Furthermore, Mr. Muniak’s previous position as Managing Director at a Family Office in New York allowed him to develop his skills as he increasingly became involved in all aspects of fundraising and deploying the fund’s investment mandate. In his career to date he has invested, sourced, and underwrote commercial development and investment contracts, exceeding 100 million dollars.
Furthermore, Mr. Muniak is a Board Member and shareholder of the Mangia Hospitality Group in New York, where he oversees all aspects of fundraising, including the Group’s investment mandates. As a strategic dealmaker, Mr. Muniak is responsible for retail acquisitions & new developments and acts as a liaison with City and State Government bureaus. Due to his established reputation as a key player in the real estate and hospitality industry, Mr. Muniak has managed to build a wide portfolio of bicoastal projects and has worked closely with top developers, entrepreneurs, and restaurateurs nationwide.
Originally from New York City, Mr. Muniak graduated from Johnson & Wales University in Rhode Island, and completed his graduate Business certificate in Sydney, Australia. He is a long-time martial artist and a philanthropist.
amuniak@eyzenberg.com
D: (305) 995-0777 ext. 309
C: (917) 536-1057
