A former Feldman Holdings work colleague went out on his own and identified a parcel in Melissa TX for a 354 unit Build to Rent community. He was able to get the land, entitlements, and LP equity but given his lack of track record construction debt proved a challenge. Feldman utilized it relationships with several Regional Banking group and procured multiple term sheets. After consulting with our client, we helped him in selecting the best term for a $57M construction loan.