Fifty Stones Capital Group Empowers Multifamily Growth with $13M Bridge Loan Financing.

San Antonio, TX – August 15, 2023 – Fifty Stones Capital Group, a leader in innovative real estate financing, is proud to announce the successful closure of a $13 million bridge loan, presented by a trusted return broker, enabling a seasoned borrower to refinance existing debt and fuel an ambitious multifamily property expansion in San Antonio, Texas. This strategic financing underscores Fifty Stones’ commitment to empowering real estate investors with tailored solutions to unlock equity and drive growth.

The deal centers on five adjacent parcels of land totaling 25 acres, owned by the borrower, a well-established investor with a robust portfolio. Two of these parcels are currently leased to two commercial tenants, generating a combined annual income of $928,000. The borrower, who also owns approximately 115-door multifamily buildings across Texas, sought a 50% loan-to-value (LTV) bridge loan to refinance $11.3 million in existing debt and release equity for the acquisition of additional multifamily properties in San Antonio. The borrower presented a strong financial profile, supported by a comprehensive loan package that highlighted the property’s income potential and strategic value.

Fifty Stones Capital Group structured the financing as a 24-month bridge loan with an 8.75% interest rate, designed to provide the borrower with immediate liquidity while maintaining flexibility for future growth. The 13 million loan covers the full refinance of the existing $11.3 million debt, with the remaining funds allocated to equity release for the planned multifamily purchases. This structure ensures the borrower can capitalize on market opportunities in San Antonio, a thriving real estate market, while the steady rental income from the leased parcels provides a reliable debt service buffer. The 50% LTV ratio reflects a conservative approach, minimizing risk while maximizing the borrower’s ability to leverage their assets.

The financing process showcased Fifty Stones’ expertise and efficiency, with the group delivering a rapid response to the broker’s presentation. By conducting a thorough evaluation of the borrower’s creditworthiness, liquidity, and the income-generating potential of the leased parcels, Fifty Stones ensured a seamless transaction. The 24-month term provides the borrower ample time to execute their acquisition strategy, with the 8.75% interest rate aligning with current market conditions and the project’s risk profile. This tailored financing solution not only refinances existing obligations but also positions the borrower for significant portfolio expansion.

“We are thrilled to partner with this experienced borrower to facilitate their vision for growth in the San Antonio multifamily market,” said Mark Shea, the CEO of Fifty Stones Capital Group. “Our ability to structure a $5 million bridge loan with a competitive 8.75% rate over 24 months demonstrates our commitment to delivering swift, strategic financing that unlocks value for our clients.” The deal highlights Fifty Stones Capital Group’s reputation for providing flexible, high-impact financing solutions, enabling investors to navigate complex real estate opportunities with confidence. The borrower’s strong financial standing and the property’s income stability were key factors in securing this financing, paving the way for a successful expansion into Texas’ dynamic multifamily sector.

About Fifty Stones Capital Group

Fifty Stones Capital Group specializes in providing innovative financing solutions for real estate investors across the United States and Canada. With a focus on bridge loans, refinancing, and equity release, the company empowers developers and owners to achieve their strategic goals. For more information about Fifty Stones Capital Group's loan programs, including Rehab/Renovation Loans, Construction Loans, Bridge Loans, Commercial Acquisition Loans, and Change of Use Loans, visit www.fiftystonescapitalgroup.com or contact info@fiftystonescapitalgroup.com.