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CLOSING ANNOUNCEMENTS

 

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!

Mark Sebba