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The Madison Group facilitates a $1.3M loan for a manufactured home community in Ontario, OR.

Thursday, Oct 08, 2015
by Jeff Meierhofer

Transaction Description:   The Madison Group (TMG), a commercial loan broker, facilitated the financing to purchase this manufactured home community in Ontario OR. The park is located in a small market, 60 miles northwest of Boise, ID. The buyers currently own another park in the area

Challenges:   The experienced borrowers prefer the long term amortization and fixed rate options along with non-recourse features. The location of the park and the small market size presented problems for most institutional lenders.
Solutions: TMG assisted the borrower to structure this transaction with a non-recourse lender that could accommodate the buyer’s needs. TMG successfully closed the purchase financing at a low interest rate of 4.95% fixed for 10 years with a 30 year amortization.

The financing was arranged by Angela Kesselman at The Madison Group.
The Madison Group (www.madisongroupfunding.com) is a commercial loan broker and consultant specializing in financing for investor properties nationwide. TMG provides flexible and reliable capital for real estate acquisitions, refinances, and re-capitalizations for a variety of property types including: multifamily, mobile home parks, credit tenant NNN net lease, office, retail, industrial, self-storage and other commercial properties in the United States. Established in 2001, The Madison Group’s intention is to provide highly competitive loan products through its superior capital market expertise and quality sources of capital. TMG works efficiently and effectively to get the transaction closed and funded.
The Madison Group and Angela Kesselman can be reached at 435-659-2200 or by emailing Angela at angela@madisongroupfunding.com.



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Want to see more closed loans?   Click Here.

HOW YOU BENEFIT FROM WORKING WITH THE MADISON GROUP

As a commercial finance consultant, our commitment is to provide superior capital market expertise and highly competitive loand products which enhance our clients in their endeavor to create and preserve wealth.

  • Create greater cash flow
  • Save time by allowing TMG to source rates and terms that increase your cash flow
  • Avoid pitfalls and costly surprises because we fully analyze your transaction
  • Access multiple lending programs/institutions/lenders for financing options that fit your needs
  • Assistance every step of the way with our team of experienced commercial real estate lending professionals

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