
The Madison Group (TMG), a leading nationwide source for commercial real estate financing, is pleased to announce the successful refinance of a manufactured housing community located in Oregon. This transaction involved a loan amount of $1,400,000, secured through a cash-out refinance to improve liquidity and facilitate strategic re-investment opportunities for the property owner. The financing features a competitiveinterest rate of 6.97%, with a term of 7 years and an amortization schedule of 25 years, reflecting a loan-to-value ratio of 65%.
The primary objective of the sponsor included enhancing liquidity through the cash-out provision of the refinance, allowing for CAPEX reimbursement to be used for additional acquisition in the region. TMG's experienced team of commercial bankers diligently assessed the client's financing needs and expertly negotiated favorable terms with leading lenders to ensure the sponsor's long-term financial goals were met.
At The Madison Group, we pride ourselves on our extensive industry knowledge and deep relationships with top lenders, enabling us to provide tailored financing solutions that align with our clients' unique objectives. With acommitment to facilitating successful transactions, TMG continues to empower clients in navigating the complexities of commercial real estate financing.
Property: MHP
Location: Oregon
Loan Amount: $1,400,000
Interest Rate: 6.97%
Term: 7 Years
Amortization: 25 Years
Guarantee: Recourse
Partner with The Madison Group to secure the best financing for your investment.