Max Benjamin Partners

Tanner Barge joins us as a Commercial Real Estate Associate where he is responsible for originating, underwriting, client management, and capital partner relationships. He brings his extensive background in both sales and real estate to our growing team. Prior to his work at MBP, Tanner was a sales associate at Blackline - a Fortune 500 accounting software company. He also worked at Lee & Associates, where he excelled in CRE investment sales with a focus on retail, industrial, and multifamily advisory. He’s a Loyola Marymount University alum and founding member of the school’s Real Estate Society. Outside of the office, Tanner loves traveling and spending quality time with friends and family. Welcome, Tanner! #TeamMBP #commercialrealestate #maxbenjaminpartners

We are thrilled to announce that StackSource has officially repositioned as a SaaS product and launched our beta! Our platform will now provide borrowers and brokers with premier lender data, parameters, and relevant insights. To celebrate this transition, we are offering our first 100 subscribers a 50% discount on current price points, locked in perpetuity. We plan to invest millions into the platform; early adopters will benefit from ongoing refinements and enhancements. StackSource offers data on over 3,500 relevant lenders and investors. It is the only SaaS platform exclusively working with approved brokers and advisors, providing investors with critical lending and investment data for a small monthly fee. From a lending perspective, StackSource will implement a rigorous vetting process to ensure lenders receive highly vetted deals from quality brokers and sponsors. Exciting developments are on the horizon, our pricing details below! https://lnkd.in/gXYwqFMY Nathan Wall Tim Milazzo Huber Bongolan Katie P. Sanjum Dhaliwal Beth Mercante https://lnkd.in/g5wPM9us

LOAN Learn More: https://lnkd.in/gCMRWrxF IMAGE: Jason Moyal, Drew Rands, Max B. Mellman & Adam Tancredi DATE: 06/14/2024 MARKET: Paso Robles ASSET TYPE: Development Site ~ BSF: 246,202 LENDER: Jason Moyal, Drew Rands & Max B. Mellman - Max Benjamin Partners, Adam Tancredi LOAN AMOUNT: $7,500,000 LOAN TYPE: Acquisition Loan LOAN TERMS: 91% of Purchase Price; $7,500,000; Rate: SOFR +842 NOTE FROM LENDER': We are pleased to announce another closing for Phase 2 of a Build for Rent Community in Central Valley, CA. Leveraging the value creation during the contract period of increasing the approved units, we were able to obtain very high leverage to provide short term acquisition financing, which will then be taken out by a larger construction facility. We look forward to seeing this project to fruition and continuing to supply the Central Valley with much needed housing. #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #TradedPartner #PasoRobles #DevelopmentSite #AdamTancredi #JasonMoyal #DrewRands #MaxBenjaminPartners #MaxBMellman

MBP will be closed on Thursday, July 4th for the federal holiday. We will resume all business operations on Friday, July 5th. We wish you and your families a safe and happy holiday.

***$7,569,480*** JUST CLOSED! We are excited to announce another closing for a development project in the Central Valley. Phase 2 of a 400 unit BTR deal, we were able to leverage the value creation during the 9 month contract period and procure a 91% of Purchase Price acquisition loan. This project is set to provide some much needed housing in California's Central Valley, delivering some high quality SFR rental units. Stay tuned for more details shortly! Drew Rands Max B. Mellman Max Benjamin Partners #land #creland #constructionfinancing

***JUST CLOSED: $1,200,000*** We are pleased to announce another closing in San Diego County. Sourced through one of our sales broker relationships, we were able to capitalize this borrower’s first commercial acquisition through a regional credit union. We prioritized rate and flexible prepayment penalties while closing the acquisition swiftly and smoothly. We look forward to staying engaged on the success of the acquisition and enhancing our relationship with both the sales and the investor teams. Great team work to get this to the finish line. Gabe Steffler Max B. Mellman Max Benjamin Partners

We are pleased to announce the closing of a horizontal and vertical loan for an 18-unit townhome development project located in Westlake, TX - Texas’s wealthiest city. MBP was able to procure maximum leverage for the project reducing the borrower’s cash to close obligation significantly. We are excited for the borrower to break ground as this project brings a much needed product to the town of Westlake. The borrower exclusively sought out MBP due to our creative capital solutions & certainty of execution. This deal was closed by Max B. Mellman.

MBP is pleased to announce the closing of a permanent loan for Marketplace Crossing, a stabilized 32-unit 55+ apartment complex in Yucaipa, CA. The Sponsor needed to take out their maturing construction loan with a flexible, long-term solution. MBP was able to secure a 10-year loan, fixed at 6.75% for 3-years, with 2, 1, 0 prepay at the proceeds needed for a cash neutral refinance. This deal was closed by Connor Glasco and Max B. Mellman. #MBP #StackSource #Closed #Refinance

***$10,250,000*** Just Closed! Happy to get this one done, our 4th deal in the last two years with the borrower. The construction on this project was stalled as no one could figure out how to capitalize it. Working collabaratively with the borrower and borrowering team we were able to achieve upper echelon leverage with one lender and get this deal closed. We look forward to watching this project progress. Ashlyn Stevens Drew Rands Max B. Mellman Max Benjamin Partners #crelending #construction #constructionfinancing #commercialrealestate #bridge

We are pleased to announce a closing for a repeat borrower. MBP secured a $5.77M construction loan for the development of a 45-unit affordable housing complex in South L.A.’s Florence neighborhood. MBP was able to procure a high leverage loan with land contribution at today’s value. We strive to deliver tailored, efficient, & creative results for our clients & specialize in construction financing for Residential & Multifamily assets. We look forward to tracking this project to completion and continuing to close transactions for both repeat and new borrowers. This deal was closed by Bijan Saremi & Max B. Mellman.