Vertical Construction – 7 Single Family Homes
Broadmark Realty Capital closed a construction loan for a single-family home project in Nampa, ID. Upon completion, this property will consist of 7 high-quality homes ranging from 2,500 square feet to 2,800 square feet. In addition, the properties will include 2 or 3 car garages. The homes are within 8 minutes or approximately 4 miles of Nampa’s largest employer – the new Amazon fulfillment center.
The borrower originally came to Broadmark Realty Capital for an acquisition/land development loan for a 100-unit lot subdivision. Broadmark has since been able to help with additional phases including the horizontal and vertical construction.
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