Construction financing that follows the work, not the calendar.
Ground-up and major redevelopment loans from $250K to $500M+, funded against a budget and released as each stage is put in place and verified.
Built for developers who need a lender that understands a draw schedule.
- Ground-up commercial
Multifamily, industrial, retail, office, mixed-use, and special-purpose buildings from a cleared site to a certificate of occupancy.
- Major redevelopment
Gut renovations, adaptive reuse, and additions where the budget looks more like construction than a bridge loan.
- Land and horizontal work
Site work, utilities, and infrastructure ahead of vertical construction, when there is a clear path to the building.
- Residential construction
Spec homes, small subdivisions, and infill townhomes for builders and investors, not owner-builders.
- Cannabis facilities
Cultivation and processing buildings on licensed property, where a bank's federal rules stop the conversation.
- Construction to permanent
Take the completed, stabilized building into our permanent program without changing lenders.
Parameters
A construction loan is priced on the budget, the builder, the market, and the exit. Those are read before a number is quoted.
- Loan amount
- $250,000 to $500,000,000+Larger projects are structured with our capital partners.
- Project types
- Commercial, mixed-use, multifamily, industrial, residential for investment, licensed cannabis facilities
- Funding
- Draws released against verified work in place
- Geography
- All fifty states
- Term
- Matched to the construction schedule plus lease-up or sale
- Exit
- Sale, refinance, or our permanent financing program
- Pricing and leverage
- Quoted per project in the term sheet
- Not offered
- Owner-occupied home construction, consumer loans
How a construction loan closes.
Request terms
Property type, loan type, amount, and location. That is all we need to start.
Term sheet
We come back with structure and pricing for that deal, in writing, or with a clear no.
Underwriting
Appraisal, title, and borrower documents. We set the checklist with you, not after you.
Close and fund
From our fund when the loan fits it, with our capital partners when it does not.
Request terms.
Four facts get a real answer: property type, loan type, loan amount, and location. Send them and we reply with structure, or with a plain no.
- ReviewWe read the property and the four facts first. Not a form letter, not a credit pull.
- TermsYou hear back with the structure and pricing that fits the deal, in writing.
- UnderwritingAppraisal, title, and borrower documents, on a timeline agreed with you.
- FundingClosed from our fund, or with our capital partners when the loan sits outside it.