Large Construction Loans/Funding Available
1. Minimum Loan $50MM ($100MM and up preferred)
2. No maximum limit on loan amount
3. 4 year term with 4 year extension available
4. Effective cost of capital over first 4 years is about 6.25%
5. Cost of capital drops in second 4 years (about 5%) so some borrowers treat it as a mini- perm
6. 75% LTC (but can go much higher if the numbers support it)
7. Most asset classes available (we are not limited to only multifamily)
8. This program is for strong projects, strong developer, strong team, high exit DSCR
9. Land must be owned before funding (cannot be purchased as part of funding, but can be paid
off as part of funding)
10. Project needs to be fully entitled and pretty much ready to go.
USA ONLY
Contact us now
Financials (USD)
Maximum Amount Not Disclosed
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