Construction Loans
Ground-up construction and major renovation financing for commercial, multifamily, hospitality, and mixed-use developments. Interest-only during construction.
Best for
- Ground-up commercial development
- Multifamily and mixed-use construction
- Hotel construction and major PIP
- Substantial rehab / value-add reposition
What you'll need to qualify
- 20–35% sponsor equity contribution
- Sponsor with comparable build experience
- GC with bonded capacity and matching scope
- Pre-leasing or take-out commitment for stabilization
How it works
- 1
Provide site plans, GMP/budget, sponsor experience, and exit strategy (mini-perm, take-out, or sale).
- 2
We arrange senior construction debt — bank, debt fund, or HUD/agency depending on asset and sponsor.
- 3
Funds disburse in monthly draws against verified construction progress and lender inspections.
The trade-offs
Pros
- • Interest-only during the build
- • Bridge to permanent financing after stabilization
- • Larger leverage with HUD/agency for multifamily
Trade-offs
- • Lender inspections at every draw
- • Interest reserves and contingency required
- • Cost overruns are sponsor responsibility
See what you qualify for
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