Madison Apartments – Acquisition

Midwest, US


Funding Purpose

Tauro Capital Advisors was engaged on an exclusive basis to place a loan for the acquisition of a 44-unit multifamily property in the Midwestern region of the US.

Property Description

The asset has a total of 42,816 square feet and is valued at $2,600,000. Its 44, two-bedroom units average just under 1,000 square feet. All occupied units are current on rent with no delinquencies.


The sponsor is a privately-owned, multi-million dollar family fund with a lively multifamily portfolio on Southern California with sound financials.


  • Finding a finance provider that offered a higher LTV and fair terms giving both the lender and borrower and opportunity for success.


  • Funding secured with a local investment group who was able to meet the borrower’s requests and provide them with maximum LTV.


  • Loan to Value: 75%
  • Interest Rate: 3.80%
  • Amortization: 30 Years
  • Term: 7 Years
  • Recourse: Non-Recourse
  • Prepayment: Yield Maintenance

Senior Director  | Capital Advisor