
The Madison Group (TMG), a leading nationwide source for commercial real estate financing, is pleased to announce the successful arrangement of a $17,495,000 acquisition loan for a manufactured housing community (MHC) portfolio located in Texas. This financing enables the purchase, infill, and development of a portfolio comprising 320 pads and features a competitive interest rate of 8.25% over a three-year term with interest-only payments. The structure also allows for two six-month extensions, providing the sponsor with added flexibility to execute their growth strategy.
The sponsor's objectives include enhancing the value of the property through strategic improvements and increasing operational efficiencies. By leveraging TMG’s innovative financing solutions, the sponsor is well-positioned to capitalize on the current demand for manufactured housing, a segment that continues to see strong market interest. TMG's expertise in structuring complex commercial real estate transactions ensured that the financing met the sponsor’s needs while also aligning with their long-term vision.
At The Madison Group, our team of former commercial bankers brings unparalleled insight and experience into the financing process, allowing us to identify and secure optimal solutions for our clients across the landscape of commercial real estate. With a focus on building lasting partnerships, TMG remains dedicated to facilitating successful transactions that support our clients' financial goals.
Financing Summary
Property Type: Manufactured Housing Communities
Location: Texas
Total Loan Amount: $17,495,000
LTC: 75%
Interest Rate: 8.25%
Term: 3 Year Interest Only plus 2 six-month extensions
Partner with The Madison Group to secure the best financing for your investment.