Case Study: $25MM Multifamily Portfolio | Recapitalization | FL & SC

Structured and arranged transitional financing to restructure a portfolio comprised of two multifamily properties in the Beacon Hill neighborhood of Boston, a multifamily property in Stuart, Florida and an estate home in Charleston, S.C.

Challenges

Looming debt maturities, a complicated corporate structure and the client’s requirement to close all loans within a short-timeframe of one another created logistical complexities for potential lenders. Additionally, it proved difficult for a single lender to get comfortable given the geographic and asset diversity of the portfolio.

Solutions

Identified two lenders to take down separate tranches of the cross-collateralized portfolio.