Vertical Construction Loans

There are a several construction loan programs available depending on Product Type, Location, LTC & LTV Requirements. Each construction loan takes careful consideration and, therefore you must talk to an Executive Team Member to determine our level of interest

Types of Capital Structures

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
  • Institutional

RECOURSE

  • Non-Recourse is available

PRODUCT TYPES

  • Residential & Multi-Residential For Sale Subdivision
  • Multi-Residential 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 Facilities, 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
  • The client’s ability to 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.

Let Us Find the Right Financing For You

Each project is unique, therefore, the underwriting of loan amount, rates, and terms is “project specific.”

Please contact a team member to discuss your project.

CLOSED TRANSACTION

Construction Loan
Chase Tower, Los Angeles