$45MM Build for Rent Recapitalization | Huntsville, AL

Eyzenberg & Company structured and placed permanent financing on this recently completed Build for Rent housing project. Financing included allocations for lease-up and stabilization to achieve full value.

Challenges

The capital markets have not yet fully adapted to underwriting single-family rentals as they have multifamily. Furthermore, permanent financing willing to accommodate vacancies during lease-up completion is challenging to find.

Solutions

Eyzenberg & Company structured a permanent financing solution that recognized the full value of the property while accommodating marketing & rent-roll finalization.

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