Build-to-Rent Construction Loan in North Carolina

Project Description
Broadmark Realty Capital closed construction funding for three single-family build-for-rent units in Statesville, Salisbury, and Troutman, North Carolina. The standalone single-family rentals feature 4 beds, 2.5 baths, and 1,738 square feet of living space. Each of the single-family rentals are two stories, with a transitional design style, porch, deck, 2nd-level loft area, master suite with walk-in closet, and two-car garage. In addition, each rental includes stainless steel appliances and granite countertops.
This client continues to work with Broadmark due to our reliable source of capital and quick draws, closing over 200 single-family rentals with us to date.
Loan Details
North Carolina
May 2021
$575,000
Contact Information

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
Request Terms
"*" indicates required fields
Smart. Reliable. Rapid.
Your trusted partner in real estate finance.