17-Property Portfolio Refi Closed in 12 Days

A Parallel Execution Strategy

The borrower needed to execute two transactions simultaneously: refinancing 5 recently acquired rentals and using those proceeds to fund 12 new purchases in Dallas. With acquisitions under contract and a non-negotiable deadline, failure meant losing a six-figure deposit and defaulting on contracts.

• No Seasoning
  Properties owned < 30 days. Banks require 3-6 months.
• High Leverage Ask
  Client needed 75% LTV Cash-Out refinance immediately.
• Active Construction
  Development was not fully complete.
• Concentration
  High investor ownership in the HOA association.
• Compressed Timeline
  Acquisitions had to close in under two weeks to save the deposit.

Execution depended on parallel underwriting. Internal valuation reviews ran alongside third-party appraisals, and risk was evaluated based on true market value rather than checklist rules. This allowed us to structure the deal holistically.

Brick City Capital executed a time-sensitive portfolio refinance and acquisition strategy across 17 single-family rental properties in New Jersey and Dallas, Texas, delivering capital certainty despite lack of seasoning, investor concentration, and unfinished development conditions. By underwriting the portfolio holistically through a bulk submission DSCR approach, the transaction closed in under two weeks, allowing the borrower to meet purchase deadlines, preserve deposits, and deploy capital efficiently across multiple markets.

Meet the Closer

“This deal required nuanced underwriting and a non-negotiable closing timeline, with capital certainty achieved by underwriting the portfolio holistically rather than deal by deal.”

Ali Ozdemir

Director of Processing

Work with Ali

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