Development

We offer some of the best development programs in the industry. If you are not using bank financing, and you are not getting 90%+ LTC, you need to call us. Here is a short list of our available programs.

/ 90% LTC / 100% LTC

These are (2) programs with different LTC’s structures:

  • Must be shovel-ready
  • Up to 80% LTV based on the completed project
  • 7-9 % interest
  • 6 points
  • Can wrap up to (2) years of debt-service payments
  • Can wrap the points into the loan
  • Construction loans up to 4 years
  • Can offer terms for permanent financing
  • Can close in 30 to 90 days depending on deal size

In addition, we have institutional lenders that will lend up to 95% of the project as well as partners that are interested in funding the gap. These projects will be considered on a case-by-case basis.

Please schedule a call to discuss further.