The Madison Group Arranges $6,625,000 Cash-Out Refinance for a Manufactured Housing Community in Georgia

The Madison Group (TMG), a leading nationwide source for commercial real estate financing, has successfully arranged a cash-out refinance loan of $6,625,000 for a prominent manufactured housing community located in Georgia. The 100 pad park included 92 park owned homes and is operated as more of a multifamily asset.

The financing structure features a three-year term, including an initial period of interest-only payments, with the option for two six-month extensions. This strategic refinancing initiative was specifically designed to meet the unique financial objectives of the sponsor, allowing them to enhance liquidity and payoff all of the park owned home debt with the home manufacture while maintaining a loan-to-value ratio of 75% (without the park owned homes).

With a dedicated team of former commercial bankers, The Madison Group combines deep industry knowledge with unparalleled access to capital markets, positioning itself as an invaluable partner for clients navigating the complexities of commercial real estate financing. TMG continues to deliver results-driven financing solutions that drive success for property owners and investors alike.

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Property: MHP

Location: Georgia

Loan Amount: $6,625,000

Term: 3 Years of IO with two six-month extensions

LTV: 75%

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