Construction Loans

We know that access to capital is critical for achieving your development goals. We understand that each construction loan is different based on your development plans, management teams, architecture, budgets and timelines.

We have the experience and skills required to access the capital you will need for the construction and lease up phases of your development projects. Our advisors will work to reduce your financing cost by finding the lowest rates in the market. We will maximize your leverage with higher loan-to-value levels and we will manage your personal risk by negotiating limits on guarantee obligations. We will also plan ahead by identifying the best terms available for a permanent financing solution once construction is complete.

CONSTRUCTION LOAN TERMS

LOAN AMOUNTS: Minimum $1 million
LOAN RATES: 5.0-8.0% (risk based pricing)
LOAN TERMS: 12-24 months
AMORTIZATION: Interest only
MAX LOAN-TO-VALUE: 80% of completed value
85% stretch financing in some cases
90% with agency loan programs only
MINIMUM DSCR: NA
DEBT YIELD: NA
RECOURSE: Non-recourse available in some cases