The Madison Group is proud to have successfully arranged a
$4,000,000 loan for a repeat client to acquire a 92-unit multifamily property
in Oklahoma City. This project presented an exciting turnaround
opportunity, requiring a lender that understood both the asset’s potential, the
sponsor’s experience, and could deliver the loan amount necessary.
When the sponsor’s existing bank was unable to execute, The
Madison Group stepped in to identify a financing solution that aligned with the
sponsor’s needs. Leveraging our network and expertise, we secured a
local banking partner that recognized the borrower’s strong track record with
property turnarounds.
This successful closing
highlights our commitment to finding creative solutions and delivering results
for our clients—even in challenging financing environments. Looking for a
lending partner who understands your vision? The Madison Group is here to help.
Property: Multifamily
Location: Oklahoma
Loan Amount: $4,000,000
LTC: 83%
Amortization: 12 months I/O, 20 year amortization
Guarantee: Full Recourse
Allowance for construction / renovation funds and
performance based earn out