$3.2M Build-to-Rent Homes in Florida
Broadmark Realty Capital provided construction funding for 21 single-family build-to-rent units in Florida. Of the sites, 11 are in Cape Coral, 5 are in Port Charlotte, and 5 are in North Port. The loan closed with a combined loan-to-cost (LTC) ratio of 87% and a loan-to-value (LTV) ratio of 64.9%.
We’ve been working with this client since 2018, funding hundreds of single-family units in multiple states. They continue to work with us because we’re a reliable source of capital, are quick to fund draws, and can keep up with the number of projects they have going on simultaneously.
Jacob Wigle, Northern & Central Florida
Ryan Good, Southern Florida
Jordan Siao, Eastern Region
Discover Similar Case Studies
Your real estate goals–accomplished. Broadmark has designed financial solutions for savvy real estate developers, operators, and owners. Read about our successes and contact us today to learn how we can help you reach your goals.
CONNECT WITH THE RIGHT MARKET EXPERT
"*" indicates required fields
Smart. Reliable. Rapid.
Your trusted partner in real estate finance.