Imagine you're a forward-thinking real estate investor and developer eyeing a promising piece of land. But before you can turn it into a thriving project, there's a complex journey ahead, including costly groundwork like infrastructure and site preparations.
Enter development loans, your financial lifeline. With these loans, you secure the funds to kickstart the development process, partnering with top professionals to execute your vision. As your project progresses, so does its value. Roads are paved, utilities are connected, and your land becomes prime real estate for future projects.
For the forward-thinking investor and developer, success means navigating the complex path from horizontal development to a vertical-ready project. Development loans provide you with the financial runway to make your aspirations a reality. Here’s what we offer:
• Loan Amount: $500M - $5MM
• Term: 12 months with an option to extend as needed.
• Loan-to-Value (LTV): 65% (higher under certain circumstances).
• Competitive Rates: 12%-14%
• Points: 2-6 points
In the realm of real estate development, you are the pathfinder, the one who understands that every step taken today lays the foundation for future prosperity. Development loans position you as a pioneer, paving the way for progress.