The Madison Group arranges a $1,748,000 loan to purchase a mobile home community in KS.

The Madison Group (TMG), a leading national lending source of mobile home park financing nationwide, arranged a loan for $1,578,000 to purchase a Mobile Home Park in Kansas. The park consisted of 68 pads located within a short distance of Kansas City, KS.  Our client, seeing the value that could be added by adjusting to market rents, needed a lender that could work with them to value the property based on adjusted lot rents in a short time frame.  Using a lender that TMG has a strong relationship with, we were able to accomplish the goals of our sponsor and allow for the purchase of the property.  TMG tries to source relationships that bring value to all parties concerned and this transaction allowed for our sponsor to take down the property with expansion in mind.  TMG and the sponsor are already discussing looking at other opportunities to work together in 2025.        

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