Beverly Hills Firm Attains Nearly $17.4 M So
Developer Can Stabilize Property
Max Benjamin Partners, a real
estate investment bank in Beverly
Hills, has closed a $17.4 million
bridge loan for Stateside, developer
of a student housing project in San
Diego near the campus of SDSU.
The loan will be used to
fully stabilize the property.
Max Benjamin Partners is on the
forefront of finding alternate
sources for loans beyond banks
and other traditional lenders, many
which are tightening the reins
given today's challenging
economy.
"We're delighted to have played
a part in securing funding for
Stateside as it continues its
mission of building much-needed
housing in the San Diego
market," says Moyal.
"Max Benjamin Partners was able to find an
ideal solution by tapping into our myriad of
lending sources that are more flexible than
traditional lending institutions." Moyal explains
that as these institutions continue to pull in the
reins, firms like Max Benjamin Partners are
picking up the slack.
"Developers and others seeking
to take out a loan are in
desperate need of alternate
forms of funding that may be as
complex as capital stack
solutions.
Max Benjamin Partners
specializes in this area and, as
a result, we're busier than
ever," adds Max B Mellman,
founder and CEO of the firm.
"Our sources are diverse and include
family offices, private equity groups,
hedge funds, and other non-traditional
lenders." Max Benjamin Partners is one
of the top commercial real estate
investment banks in the US for large
construction and bridge financing.
All potential investment
opportunities are carefully vetted
by in-house experts to ensure that
all parties possess the expertise,
financial strength and integrity
necessary to complete each deal.
The firm currently has more
than $500,000,000 of
single-family residential
projects in the pipeline.
Find Out More At
https://www.mbpartne
rs.com/