UNITED STATES— Matthews™ Capital Markets (MCM), a fully integrated and dedicated financing division of Matthews™, has successfully secured a $13,000,000 lot development loan for a mixed-use community, located in the Southwest. Matthews™ First Vice President Chase Calderon handled the loan transaction.

 

With the pre-sale of 500 residential lots to a leading home developer, prior to closing, the client sought to refinance the existing land loan and fund the Phase 1 site development. The 600-acre master-planned community will feature over 2,600 residential units, a destination resort, and high-end open-air retail spaces.

 

“Large-scale, transformative developments require a structure that can adapt to the long-term vision of the sponsor,” said Calderon. “By leveraging our deep lender relationships and highlighting the strong pre-sale velocity, we were able to deliver competitive financing that provides the client with immediate liquidity and the scalability required for subsequent phases.”

 

The loan was secured at highly competitive rates and served several critical functions, including paying off the existing land loan and covering both hard and soft costs for Phase 1 improvements. Specifically structured for seamless utilization as the project progresses, the financing terms underscore MCM’s commitment to providing sophisticated capital solutions for large-scale, transformative developments.

 

For more information, please contact Chase Calderon or visit www.matthews.com.

 

About Matthews™

Capital Markets The Matthews™ Capital Markets (MCM) is a fully integrated and dedicated financing division of Matthews™. MCM provides capital solutions for all property types across the U.S.