$2,200,000 Bridge Loan for the acquisition of a 16,000 SF Multi-Tenant Industrial Property located in Riverside County, CA. Loan funds will be allocated to processing a condo map and for property renovations. Exit strategy will be unit sales to existing tenants and local business owners. All parties worked together to quickly meet an exchange sale deadline. This bank lender is active and looking to lend to best-in-class sponsors. This institutional client was referred to Mandri Capital by a mutual contact.
$1,900,000 Perm Loan to refinance a renovated 8-unit apartment property in West Hollywood, CA. The loan was priced in the low 3%’s for a 5-year term, with 4 years of interest only. Mandri Capital undertook a full market survey to identify the most aggressive pricing and terms for this repeat client. Mandri Capital managed all aspects of the loan process and closing on behalf of this repeat client.
Mandri Capital is a privately-held capital advisory firm, sourcing debt and equity for commercial real estate developers and investors, nationwide. Rigorous and relentless in finding the best financing solution for our clients, Mandri Capital leverages an expansive network for sourcing both Debt and Equity for the commercial real estate sector. Here at Mandri Capital, we have a high-touch approach to fully manage process for our sponsors including; term sheet negotiation, underwriting, packaging, managing due diligence and flow of documents, managing all 3rd party vendors, accessing decision-makers at lending groups, coordinating between Title, Escrow, and sponsor, as well as all other critical actions involved in the closing process.
Mandri Capital’s business foundation to date has been primarily built on existing client referrals. As Mandri Capital continues to grow we are now seeing deals from 3rd generation referrals and will continue to provide the most efficient and impactful debt and equity sourcing solutions for our clients.
Reach out to Mandri Capital’s Founder & CEO, Max Friedman directly at (310) 554-6401 for your financing needs.
