Monday, September 2, 2024

Max Benjamin Partners secures $16.5 million loan for constructing a multifamily property in San Diego, CA

Rendering of planned 70-unit multifamily community
 located at in the Hillcrest neighborhood
of San Diego, CA
  

 SAN DIEGO, CAMax Benjamin Partners (MBP), a boutique real estate advisory firm that provides innovative capital solutions to developers and investors, announced it has secured a $16.5 million loan for the construction of 10th & Robinson, a 70-unit multifamily community located at in the Hillcrest neighborhood of San Diego, California. 


Jason Moyal 
 Jason Moyal and Max B. Mellman of Max Benjamin Partners secured the loan for the investor.

 

“Despite the challenging lending climate, we were able to secure a non-recourse construction loan from a local Southern California lender and close in just 29 days,” said Moyal. 

 

10th and Robinson is nestled in a quiet residential area just minutes from retail and dining.  Combined with its sister building, it will have abundant amenities including a pool, co-working space, gym, and high-end finishes. 


Max B. Mellman
About Max Benjamin Partners

 

Based in Beverly Hills, California, Max Benjamin Partners provides commercial real estate financing, placing debt and equity nationwide across all asset classes including multifamily, office, retail, hospitality industrial and self-storage. 

 

 The firm incorporates extensive capital markets knowledge to complete any type of real estate transaction, regardless of complexity or size. 

 








CONTACT:

 

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

Member of the National Association

 of Real Estate Editors (NAREE)

“PR Strategist for the Commercial Real Estate Industry:  I do what I love and love what I do.”

 www.mbpartners.com

 

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