The Madison Group (TMG), a leading commercial real estate
financing firm, has arranged a $1.89MM refinance and cash-out loan for a
stabilized self-storage facility in Texas. The loan was structured at 70% LTV
with a fixed rate of 6.59%, a 10-year term, and 30-year amortization—providing
long-term stability and liquidity for the borrower. A key challenge was the
presence of a foreign national partner, which required careful navigation of
underwriting and regulatory hurdles. TMG leveraged its lender relationships and
strategic expertise to secure favorable terms.
“This transaction reflects our ability to solve complex
financing scenarios,” said Michael Estes, Commercial Real Estate Loan Advisor
at TMG. “We’re proud to support our clients’ growth with tailored solutions.”
The Madison Group finances commercial properties nationwide, including
self-storage, multifamily, retail, and office assets.
Property: Self-Storage
Loan Amount: $1,890,000
LTV: 70%
Interest Rate: 6.59%
Term: 10 years
Amortization: 30
years
Prepayment: 3,2,1
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The Madison Group (TMG), a national leader in
manufactured housing community financing, has secured $8,112,000 to refinance
five mobile home communities located in South Carolina. The repeat clients
engaged TMG to refinance their maturing loans and obtain cash-out proceeds.
The borrowers sought non-recourse financing
with a 10-year fixed rate, 30-year amortization, and five years of
interest-only payments. The five communities, comprising a total of 225 pads, are
located in close proximity to one another. The clients acquired the properties
between 2019 and 2023 and completed significant renovations and expansions
across all locations.
TMG structured financing through a
non-recourse lender, using all five communities as collateral across three
separate loans to maximize cash-out proceeds. TMG’s expertise in the
manufactured housing sector and strong lender relationships ensured a smooth
closing process. The clients were pleased with the results and are actively
seeking their next acquisition.
Financing Summary
Property Type: Manufactured Housing Communities
Location: South Carolina
Total Loan Amount: $8,112,000
LTV: 70%
Interest Rate Range: 6.28%
Term: 10 Years
Amortization: 5 Years Interest Only, followed by 30-year
amortization
Prepayment Structure: 9.5-Year Yield Maintenance
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The Madison Group
(TMG), a national leader in manufactured housing community (MHC) financing, is
pleased to announce the successful closing of a $4.3 million cash-out refinance
for a two-property MHC portfolio located in Georgia and Alabama.
The portfolio,
consisting of communities with nearly 100% park-owned homes, required a
financing structure that would recognize both lot rent and park-owned home
income while accepting the homes as collateral. TMG collaborated with a trusted
lending partner to design a custom loan structure that met the client’s
objectives and delivered a 30-year amortization to maximize cash flow.
“This refinance
allowed our client to unlock significant equity while maintaining long-term
stability,” said Michael Estes, Commercial Real Estate Financing Advisor at The
Madison Group. “We’re proud to support experienced MHC operators with creative
and flexible financing solutions that advance their growth strategies.”
The borrower
intends to reinvest the loan proceeds into capital improvements and pursue
additional MHC acquisitions throughout the Southeast region.
Property: Mobile Home Park Portfolio
Location: Georgia and Alabama
LTV: 70% on real property
Loan Amount: $4,300,000
Term: 5 years
Amortization: 30 years
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The Madison Group (TMG), a
leading nationwide commercial real estate finance consulting firm, has
successfully arranged a $7.92 million refinance loan secured
by three well-located retail strip centers in New Jersey.
The client engaged TMG after
their previous mortgage broker retired and sought a trusted advisor to help
secure competitive financing and a cash-out component to fund a future
acquisition. Leveraging its extensive lender relationships, TMG structured a bank
swap loan that provided both the requested cash-out proceeds and an
attractive long-term financing solution.
The final loan structure
featured a 5.90% fixed interest rate, 65%
loan-to-value (LTV), and a five-year term with a 30-year
amortization. The borrower expressed strong satisfaction with the
outcome and the efficiency of TMG’s process in securing favorable terms within
a complex market environment.
Loan Highlights
·
Property Type: Retail Strip
Center
·
Loan Amount: $7,920,000
·
Interest Rate: 5.90%
·
LTV: 65%
·
Term: 5 Years
·
Amortization: 30 Years
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The Madison Group (TMG), a premier national brokerage
specializing RV Park financing arranged the $5,500,000 refinance of a 192 pad long
term RV park in FL. The transaction
marks the end of a challenging five-year journey for the borrower, who worked
tirelessly to secure permanent financing for the growing property.
The RV park, now a proven and sustainable
cash-flowing asset, initially faced difficulty attracting long-term capital due
to its historical operations under previous ownership. Over the past five
years, the borrower navigated a demanding landscape, relying on a series of
short-term and bridge financing solutions while methodically working to
stabilize occupancy, improve infrastructure, and demonstrate the park’s
long-term viability.
The loan structure provides the borrower
financial stability and flexibility to reinvest in the property and maximize
revenue.
Location: Florida
Property: Long Term
RV Park
Loan Amount: $5,500,000
Interest Rate: 7.00%
Term: 5 Years
Amortization: 30 Years
Prepayment: 3, 3, 2,
2, 1
LTV: 65%
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