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Mirate Equity Provides $51MM Financing Injection to May Construction

March 12, 2024, 07:26 AM
Filed Under: Real Estate

Mirate Equity announced a significant loan approval for May Construction LLC, a pioneering firm in the Real Estate sector. This strategic alliance signifies a transformative moment for both entities as they unite to propel growth and expansion initiatives.

The $51 million loan is a pivotal milestone for May Construction, enabling operational enhancements and exploration of new market opportunities, including multiple smart homes and apartment complexes in Texas. Mirate Equity shares May Construction's vision for success and is committed to providing vital financial support to facilitate its journey toward excellence.

Expressing enthusiasm for the collaboration, Mirate Equity LLC CEO Arthur Chang stated, "We are excited to extend this loan to May Construction LLC as they embark on their growth journey. Their innovative approach and strategic direction in development impressed our team. We believe this investment will not only benefit May Construction LLC but also contribute to the overall economic development of the Real Estate sector"

May Construction's CEO, Ralph A, Baily, echoed excitement for the future, stating, "Securing this loan from Mirate Equity underscores our team's dedication. We are grateful for their confidence in our vision and eager to leverage this capital to accelerate our growth plans. This investment will reinforce our position as a Real Estate sector leader and deliver enhanced value to our customers."

The partnership between Mirate Equity LLC and May Construction LLC exemplifies a joint commitment to innovation, entrepreneurship, and business growth. Leveraging the expertise and resources of both entities, this collaboration is poised to generate lasting value and propel May Construction LLC to new heights of success.

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