Location: Brighton, MI
Loan Amount: $22,820,000
Term: 7 Years
Amortization: 20 Years
Execution: Bank/Construction Refi
Debt Procured During Construction Expansion
District Capital is pleased to announce the recent funding of a sports complex in Brighton, Michigan, a premier athletic training facility and sports complex. The bank refinancing included re-leveraging the existing debt, Letter of Credit and also providing 100% construction financing for campus expansion. The special-use nature of the property was challenging , but D-Cap scoured the market and leveraged its lending relationships to procure the right lender with exceptional terms.