M2 Equity Advisors

Recent Closing $3.3MM Preferred Equity Investment M2 Equity originated a?$3.3mm preferred equity investment that was subordinate to a fixed rate bank loan for the equity recapture of a newly constructed boutique apartment located in fast growing Philadelphia submarket.? ? The preferred equity, sized to mid 80's LTC,?provided?the property's developer with additional liquidity to continue developing new properties in the immediate submarket. M2 worked efficiently with sponsor and his existing lender to close the transaction in 10 days.? ? M2 is actively originating preferred equity opportunities in the $4-30mm range for value-add acquisitions, lease-up acquisitions, cash-in refinance/recaps, rate cap purchases and bridge loan rebalancings. Pref is structured to satisfy compliance with Agencies, HUD and all senior lenders and sized up to mid-80’s ltc with no going in DSCR constraints.

Closed - $6,800,000 Preferred Equity M2 Equity originated a $6.8mm preferred equity investment that was subordinate to a fixed rate Freddie Mac loan for the acquisition of a 1978 vintage garden style apartment located in the Arlington - Ft Worth, Texas MSA. ? The preferred equity and new Freddie loan will provide experienced sponsor with sufficient capital to implement a capex based value add business plan.??Special thanks to the CBRE Dallas team for once again trusting us with this time sensitive transaction and for their industry leading contributions! ? M2 is actively originating preferred equity for existing multi-family opportunities in the $4-30mm range for value-add acquisitions, lease-up acquisitions, cash-in refinance/recaps, rate cap purchases and bridge loan rebalancings. Pref is structured to satisfy compliance with Agencies, HUD and all senior lenders and sized up to market leading mid-80’s ltc with no going in DSCR constraints.

Recent Closing - $15,000,000 Preferred Equity & $60,000,000 Bridge Loan M2 Equity originated a $15mm preferred equity investment that was subordinate to a fixed rate $60mm bridge loan, also originated by M2, for the recapitalization of a 400 unit, class A garden style apartment located in the Alabama coastal region. The preferred equity and new bridge loan recapitalized existing debt and mezzanine financing and reduced cost of capital, provided additional capex dollars and equity recapture to?be re-invested into new development projects that will benefit the surrounding area and subject property. M2 is actively originating preferred equity opportunities in the $3-30mm range for value-add acquisitions, lease-up acquisitions, cash-in refinance/recaps, rate cap purchases and bridge loan rebalancings. Pref is structured to satisfy compliance with Agencies, HUD and all senior lenders and sized up to mid-80’s ltc with no going in DSCR constraints

Recent Closing - $8,750,000 Preferred Equity M2 Equity originated an $8.75mm,?85% LTC, preferred equity investment that was subordinate to a fixed rate Freddie Mac loan. ? The preferred equity, sponsor/lp equity and senior financing capitalized a $44mm?acquisition and value add business plan for a 250 unit, 1985 vintage, apartment located in Winston-Salem. Thanks to George Smith Partners for their valuable contributions to the closing! ? M2 is actively originating preferred equity opportunities in the $4-30mm range for value-add acquisitions, lease-up acquisitions, cash-in refinance/recaps, rate cap purchases and bridge loan rebalancings. Pref is structured to satisfy compliance with Agencies, HUD and all senior lenders and sized to mid-80’s ltc with no going in DSCR constraints.

Recently Closed: $4,250,000 Preferred Equity M2 Equity originated a $4.25mm preferred equity investment that was subordinate to a fixed rate Freddie Mac loan that was assumed by new buyer. ? The preferred equity, sponsor/lp equity and senior financing capitalized the acquisition and value add business plan for a 109 unit apartment located in Knoxville, Tennessee. The property was built in phases from 1967-2019.?The capex plan calls for improvements to the balance of classic units and exterior renovations to support rent growth with a planned exit via sale in 3-4 years.? ? M2 is actively originating preferred equity opportunities in the $3-30mm range for value-add acquisitions, lease-up acquisitions, cash-in refinance/recaps, rate cap purchases and bridge loan rebalancings. Pref is structured to satisfy compliance with Agencies, HUD and all senior lenders and sized to mid-80’s ltc with no going in DSCR constraints.

Just Closed: $3,000,000 Preferred Equity M2 Equity originated a $3mm preferred equity investment that was subordinate to a fixed rate Freddie Mac loan. ? The preferred equity, sponsor/lp equity and senior financing capitalized the acquisition and value add business plan for a 1983 vintage garden style apartment located in San Antonio, TX.? ? M2 is actively originating preferred equity opportunities in the $3-30mm range for value-add acquisitions, lease-up acquisitions, cash-in refinance/recaps, rate cap purchases and bridge loan rebalancings. Pref is structured to satisfy compliance with Agencies, HUD and all senior lenders and sized to mid-80’s ltc with no going in DSCR constraints.

Just Closed $10,250,000 Preferred Equity M2 Equity originated a $10.25mm preferred equity investment that was subordinate to a fixed rate Freddie Mac loan for the recapitalization of a 1982 vintage garden style apartment located in the Dallas MSA. ? The preferred equity and new Freddie loan recapitalized?a bridge loan and provided additional capex dollars for the continuation of a successful value add business plan underway by the property’s?skilled sponsor.?Special thanks to the CBRE Dallas team for?trusting us with this time sensitive transaction and for your industry leading contributions! ? M2 is actively originating preferred equity opportunities in the $3-30mm range for value-add acquisitions, lease-up acquisitions, cash-in refinance/recaps, rate cap purchases and bridge loan rebalancings. Pref is structured to satisfy compliance with Agencies, HUD and all senior lenders and sized up to mid-80’s ltc with no going in DSCR constraints.

Recently Closed - $3,500,000 Preferred Equity M2 Equity originated a $3,500,000 preferred equity investment subordinate to a debt fund senior loan. The preferred equity and bridge debt repaid a construction loan, returned sponsor equity and capitalized an interest reserve to carry property through lease up and stabilization. The property is a 40 unit apartment with garage parking located in Philadelphia. M2 is actively originating preferred equity opportunities in the $3-30mm range for value-add acquisitions, lease-up acquisitions, cash-in refinance/recaps, rate cap purchases and bridge loan rebalancings. Pref is structured to satisfy compliance with Agencies, HUD and all senior lenders and sized up to mid 80’s ltc with no going in DSCR constraints.

Recently closed - $14,500,000 Preferred Equity M2 Equity originated a $14,500,000 preferred equity investment that was subordinate to a Freddie Mac loan. The preferred equity, senior financing and sponsor/LP common equity capitalized a $72mm acquisition and value-add business plan for a 1967 vintage, 245 unit multi-family property located in Bethesda, MD.? M2 is actively originating preferred equity opportunities in the $3-30mm range for value-add acquisitions, lease-up acquisitions, cash-in refinance/recaps, rate cap purchases and bridge loan rebalancings. Pref is structured to satisfy compliance with Agencies, HUD and all senior lenders and sized up to mid 80’s ltc with no going in DSCR constraints.

Recently Closed - Bridge Loan A top executive with one of the largest multi-family lenders in the country decided to improve his Southampton, NY home over the winter and position for sale in the spring, he asked his existing mortgage lender, a bank, to cover the costs.?The mortgage was low LTV yet the bank declined; consistent with the trend of banks pulling back. ? He turned to M2 that understood the story, recognized the strength of the borrower and originated a new bridge loan to repay the existing mortgage and structured to include reserves for improvements and interest. ? When real estate pros seek capital, ?reliably executed and structured, ?the M2 team has for years proven to be a relationship driven long-term ally and solution provider.?