Lamar Street Multifamily – Acquisition

Southwest, US


Funding Purpose

Tauro Capital Advisors, Inc. was engaged on n exclusive basis to place debt for the acquisition of a multifamily property as part of a 1031 exchange.

Property Description

The property consists of 28, 2 bedroom units near a major city and university. Rent is currently below market on this asset.


Sponsors have built a robust real estate portfolio over the past 10 years while managing a family member’s portfolio. Both consist of small, LA multifamily properties.


  • 1031 exchange deadline was fast approaching.
  • Capital expenditures were ongoing to bring the units up to market rate.


  • Funding secured with a lending source that provided terms based on the value of future rents.


  • Loan to Value: 60%
  • Interest Rate: 3.75%
  • Amortization: 30 Years
  • Term: 10 Years
  • Recourse: Payment guarantee
  • Prepayment: No penalty

Managing Director  | Capital Advisor


Director  | Capital Advisor