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T-MAX Lending LLC Provides $45 Million Loan for Renovation of 226-Unit Apartment Tower in New Orleans, LA

Oct 15, 2024


October 15, 2024



T-MAX Lending LLC, based in San Diego, CA, has extended $45 million in financing to support the renovation of a 226-unit apartment tower in New Orleans. The loan was provided to an entity owned by Brian Pulisic, a borrower with extensive experience in value-add projects in the area. The funds will be used to modernize the property and lease it out to full stabilization.


"T-MAX Lending LLC offered a flexible loan that gave us the capital needed to complete our project," said Jones. "Their team ensured a smooth, timely closing. We look forward to continuing our partnership with Jackson and the T-MAX team as we finish the renovation."


In its announcement, T-MAX Lending LLC highlighted its focus on real estate debt funds, actively lending in markets across the U.S. and internationally.


"We are pleased to provide this financing," said Jackson Valerie, VP of Originations at T-MAX Lending LLC. "With commercial banks scaling back lending due to rising interest rates, regulatory scrutiny, and economic concerns, we see significant opportunities to fill this market gap and support real estate projects like this." 

https://www.sfnet.com/home/industry-data-publications/the-secured-lender/tsl-express-daily-articles-news/tsl-express-daily-articles-news/2024/10/15/t-max-lending-llc-provides-$45-million-loan-for-renovation-of-226-unit-apartment-tower-in-new-orleans-la


 

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4727 Executive Dr,

San Diego, CA 92121

+1 ‪‪(619) 259-0177

info@tmaxlending.com‬

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This Exhibit serves as a non-binding overview of the fundamental terms typically provided by T-Max Lending to real estate investors. While this outline serves as a basis for preparing formal loan agreements and associated documents, it does not constitute an offer or commitment to lend funds. The actual terms presented to prospective borrowers, if any, may vary from those outlined in this Exhibit and can only be provided after understanding the specific requirements of each individual borrower. Any offers and/or lending agreements must be documented in writing and may only be presented in the form of a Conditional Loan Commitment Letter. Verbal statements do not constitute an offer or promise of any kind. Prospective borrowers are encouraged to thoroughly review this outline and seek advice from their legal counsel before entering into any agreements with T-Max Lending, LLC. Certain products may not be available in all states, and restrictions may apply.

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