Multifamily Construction Financing

Shoreline arranged interim construction financing for a unique multifamily concept development, consisting of 42 detached, “zero + 6” SFR’s on separate parcels. Conceptualized and built as a for-rent neighborhood, the project includes one- and two-story floor plans and a recreation center. Marketing was targeted toward move-downs, oil and gas execs on short term stays and renters who desire the feel of a traditional neighborhood. Construction financing was awarded to a regional bank after Shoreline brought proposals from half a dozen lenders to the table.

  • Loan Amount: $4,050,000
  • Units: 42
  • State: LA