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

Broadmark logo

North Carolina

Broadmark logo

May 2021

Broadmark logo

$575,000

Contact Information

Brian Dubin

Brian Dubin, Eastern Region

Jordan Siao

Jordan Siao, Eastern Region

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