BEACHROCK CAPITAL CLOSES A $6MM CONSTRUCTION REVOLVING LINE OF CREDIT AND $2,790,000 OF JV EQUITY IN BOISE, ID FOR THE CONSTRUCTION OF 19 HOMES
Finished Lots in Bozeman, Ready for Construction.
This transaction featured:
A lender who had a good understanding of non-coastal markets
A JV Investor who was willing to explore a new market, and dig into underlying fundamentals and nuances of that marketplace
Excellent sponsorship, and repeat client
Builder leveraging the purchase of finished lots to minimize risk and market exposure in the deal.
Proven market acceptance of the proposed SFRs
BEACHROCK THANKS EVERYONE INVOLVED IN THIS TRANSACTION!