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