Creativity / Flexibility / Timeliness / Certainty of Close

Program Criteria

Program Overview
  • First-Position and Second-Position Deed of Trust/Mortgage
  • Mezzanine Financing
  • Preferred Equity
Project Types
  • Multifamily/Apartment Construction
  • Single-family residential Land A&D/Vertical Construction
  • Raw Land/Finished Lots
  • Townhome/Condo Construction
  • Stabilized/Value-Add For-Rent Residential (SFR & Multifamily)
  • Commercial – Office, Retail and Industrial
Locations
  • Strong growth submarkets throughout the Western U.S.
Advance Rate
  • Up to 85% Loan-to-Cost (Commensurate with deal profile)
Loan Size
  • $2,000,000 - $10,000,000 (Larger considered)
Rates
  • 8.00 – 15.00% (Commensurate with deal profile)
Fees
  • 1.00 –2.00% (Commensurate with deal profile)
Term
  • 1-3 years (typically 24+ months)
  • Extension options available subject to tests
Recourse
  • Typically non-recourse, subject to completion guaranty and environmental indemnity
Feel free to contact us to discuss your project.