The Madison Group Arranges $5,000,000 Cash out Refinance Loan for Manufactured Housing Community Portfolio in Alabama

The Madison Group (TMG), a leading nationwide source for commercial real estate financing, is pleased to announce the successful closing of a $5,000,000 cash-out refinance for a portfolio of three manufactured housing communities located in Alabama. Secured at an 8.25% interest rate with a three-year term, the full term interest only financing provides the sponsor with the necessary liquidity to expand operations and further stabilize the assets. The portfolio is unique in its composition, featuring a high concentration of park-owned homes, which the sponsor manages with an operational model similar to a multi-family apartment complex. As such, the Madison Group worked with the borrower to segregate and report pad and unit rents to allow the lender to propose a pad rent only lending structure that worked for all parties.

This transaction underscores The Madison Group’s ability to navigate complex financing requirements for specialized asset classes that require a sophisticated understanding of manufactured housing operations. By leveraging our deep network of premier national lenders, our team delivered a tailored capital solution that empowers the sponsor to execute their long-term growth strategy. At The Madison Group, our team of former commercial bankers utilizes decades of institutional experience to identify and arrange optimal financing structures, providing our clients with the competitive edge needed to maximize property value and achieve their investment objectives.

Financing Summary

Property Type: 3 Manufactured Housing Communities

Location: Alabama

Total Loan Amount: $5,000,000

Interest Rate: 8.25% Interest Only

Term: 3 Years

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