T-Max Lending LLC Closes $18 Million Multifamily Loan Deal in Titusville, Crawford Pennsylvania

T-Max Lending LLC, a leading private direct lender in the real estate industry, is pleased to announce the successful closing of a $18 million loan deal to finance a major multifamily development project in Titusville, Crawford Pennsylvania. End Quote

San Diego, CA (1888PressRelease) August 26, 2024 - T-Max Lending LLC, a leading private direct lender in the real estate industry, is pleased to announce the successful closing of a $18 million loan deal to finance a major multifamily development project in Titusville, Crawford Pennsylvania. This significant transaction underscores T-Max Lending LLC's commitment to providing tailored financing solutions that support the growth and development of high-quality residential communities.

The multifamily development, located in the heart of a rapidly growing Crawford area, will consist of 250 luxury apartment units designed to meet the needs of modern urban dwellers. The project features a variety of amenities, including a state-of-the-art fitness center, rooftop terrace, swimming pool, business center, and ample green spaces for residents to enjoy.

"We are excited to support this transformative multifamily development," said Jackson Valerie, Vice President of T-Max Lending LLC. "This project aligns perfectly with our mission to provide innovative financing solutions that foster community growth and enhance living standards. The new development will offer residents a high-quality living experience and contribute positively to the local economy. He added "This $18 million loan deal is a testament to our ability to structure complex financial transactions that meet the unique needs of our clients,. "We take pride in our role as a trusted financial partner and look forward to seeing this multifamily development become a thriving community."

The loan provided by T-Max Lending LLC covers both the acquisition and construction phases of the project, ensuring that the development team has the financial support needed to bring this ambitious vision to life. The project is expected to be completed by mid-2025, with pre-leasing activities scheduled to begin in August 2024.

This latest deal marks another milestone for T-Max Lending LLC, further solidifying its position as a premier lender in the multifamily housing sector. In 2024 alone, T-Max Lending LLC has closed over $70 million in multifamily loan deals, with plans to continue expanding its portfolio in the coming months.

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