CONSTRUCTION LOANS 

The following loan program is designed to cover the cost of construction before obtaining long-term funding.

Loan Amount          $5M-$100M

Interest Rate           Starting 7.99%

Loan Term               18-36 months + Extensions

Amortization           Interest Only


Security                   First Mortgage Lien or Trust Deed


Loan-to-Value         Up to 65% of As-Is Value


Loan-to-Cost           Up to 75%


Origination/
Exit Fees                  2-4%

Recourse                 Non-Recourse Available

Borrower/
Guarantor                No min. liquidity re’d, asset-based loans only

Location                   Inner City Infil & Developed Suburbs Only

Loan Type                Pre-development to Construction, Acquisition, Refi

Geo Focus                Nationwide & Canada