Build-to-Rent Demand Continues

Construction Financing for 16 Units

G2022-151_1

Project Description

Broadmark continues to seek opportunistic real estate investments as demand for build for rent continues to soar. BRMK recently provided a $6.4M construction loan to build 16 single-family, build-for-rent units in Port Charlotte, FL. The borrower has relied on Broadmark for their financing needs as a repeat client because of our dedicated underwriting, captive asset management, in-house funding, and efficient construction draw process. Accessing speed, capital, and common-sense partnership allowed the client to move swiftly and focus on delivering the product to market with minimal delays.

Loan Details

Broadmark logo

Port Charlotte, FL

Broadmark logo

August 2022

Broadmark logo

$6,410,000

Contact Information

Jacob Wigle

Jacob Wigle, Northern & Central Florida

Ryan Good

Ryan Good, Southern Florida

Jordan Siao, Eastern Region

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