Eyzenberg & Company structured a $4.5MM Co-GP contribution to develop a market-rate multifamily asset in Panama City, Florida.
Challenges
Recognizing the sponsorship’s need for balance sheet support, credit enhancement, and an impending loan maturity, Eyzenberg & Company advised the client on all aspects of the capital structure. Ultimately it was determined that a Co-GP partner, limited partner, and construction lender would need to be arranged during pre-development.
