Nectar

Why refinance a 4.89% loan in today's market? 🤷‍♂️

You don't have to.

We just funded $375,000 for a Phoenix multifamily owner without touching their existing debt. This sponsor was facing a critical dilemma: needing capital for property renovations but not wanting to sacrifice their below-market 4.89% fixed rate senior debt.

Our preferred equity solution meant:

✅ No prepayment penalties on existing debt
✅ No resetting loan terms in today's higher-rate environment
✅ No equity dilution or loss of control
✅ Fast funding vs. a months-long refinancing process

With our capital, the sponsor is specifically funding strategic property renovations to enhance unit finishes and amenities, positioning the property to command premium rents in a competitive Phoenix market.

While this sponsor chose renovations, Nectar's flexible capital works for diverse needs: new acquisitions, CapEx projects, partner buyouts, or other strategic investments - all without disturbing your favorable debt structures.

Need funding for your next project? Submit your deal instantly at https://hubs.ly/Q03mS1TQ0