The Madison Group arranges a $2,900,000 construction loan to build an RV Park in Texas.

The Madison Group (TMG), a leading national lending source of RV Park financing, arranged a $2,900,000 construction loan to build an RV Park.  The park includes 128 RV pads, 5 rental cabins, and a clubhouse with locker rooms, laundry, and mail room.  Other amenities include a putting green, picnic areas, dog wash, community garden, and guest parking.

The borrower had raised the equity for the development.  The borrower’s goal was to obtain a construction loan at 70% loan to cost to build the RV Park.  TMG was able to work with a lender that was able to meet the borrower’s financial goals.  The lender, borrower, and TMG worked diligently together to close and fund the transaction.

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