ATC Managers, LLC Closes $28,000,000 Construction Loan

The client's decision to seek financing for the development of a new large retail shopping center with a pre-leased occupancy of approximately 30% marked a significant step in their strategic growth plan. Recognizing the potential of the project, our institution played a pivotal role in facilitating the provision of a construction loan, which was further complemented by an end-loan option. This comprehensive financial package was structured to offer a highly competitive short-term interest rate, aligning with the client's financial objectives and ensuring the successful completion of the ambitious venture. By leveraging the existing equity held by the borrowers in the property and the inherent value of the project itself, our institution demonstrated a keen understanding of the real estate market dynamics and risk management principles.

This strategic approach not only mitigated potential financial risks but also instilled confidence in all stakeholders involved. As a result, we were able to cover 100% of the outstanding construction expenses, providing the necessary financial support to bring the client's vision to fruition.