$9MM Land Recapitalization|Austin & Kyle, TX

Structured and arranged a cross-collateralized fixed-rate bridge loan to fund predevelopment costs on two land parcels intended for an industrial distribution center and single-family homes in Austin and Kyle, TX.  

Challenges

Client acquired the land in two separate, all-cash transactions and wanted to finance pre-development costs bast on current market value. The financing market was challenging for product type, especially without a confirmed timeline for payoff.

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