Vertical Construction Loans

There are a several construction loan programs available depending on Product Type, Location, LTC & LTV Requirements.

Each construction loan takes  carefull consideration and, therefore you must talk to an Executive Team Member to determine our level of interest

Loan Amounts:

Min Loan $2,000,000; no maximum

Location:   

Major MSA Markets, Secondary and Tertiary Markets considered

Loan Type: 

  • Vertical  Construction

  • A&D

  • Private Placement Revenue Bonds

  • Family Office

  • Instuitional

 

Recourse:

  • Non-Recourse is available 

Product Types

  • Residential & Multi-Residential For Sale Subdivision

  • Mutli-Residenial for Rent

  • Medical, Age Restricted, Assisted Living Facilities, Adult Care

  • Hospitality: Resorts, Flagged Hotels & Independents

  • Parking Structures

  • Self Storage

  • Office: Professional, Condominium, Medical, Dental and Veterinarian

  • Industrial: Heavy and Light Manufacturing, Warehouse and R&D Flex

  • Retail: Strip Centers to Malls

  • Special Purpose: Water Parks, Sports Arenas, Destination Retail

  • Day Care Facilties, Restaurants, Funeral Homes, Automotive

 

Loan To Cost:     up to 90%, typically lower

Loan To Value:   up to 80%, typically lower

 

Borrower/Sponsorship:

Non-recourse available

Can the client execute the business plan is more important than financial strength

 

Exit Strategy:

Business Plan in place for loan payoff

Loan Terms:

Interest rates can be fixed or adjustable, on an Interest Only basis

Maturities of 1 and 30 years are available

Origination Fees: par to 2%, depending on the Product Type & Loan Type

THIS IS NOT AN APPROVED COMMITMENT TO LEND, IT IS HOWEVER A SINCERE OUTLINE OF POSSIBLE TERMS.

PRICING AND TERMS CAN ONLY BE QUOTED AFTER A FULL SUBMISSION AND UNDERWRITING HAS BEEN COMPLETED AND APPROVED.

 

800.213.2100

Grace Capital Group REP Inc
800.213.2100
Licensed under CA DRE #01987016
For Real Estate Professionals, Only