FOR IMMEDIATE RELEASE
June 3, 2026

Contact:
Cyd Hatch
(703) 635-6312 | cydh@corlissco.com

1892 Capital Partners Funds Construction Loan for New Single-Family Residence in Pahoa, Hawaii

PAHOA, HI – 1892 Capital Partners, a direct private lender specializing in bridge and construction financing, is pleased to announce the successful funding of a $265,625 construction loan for Paramount Legacy Developments, LLC, supporting the ground-up development of a new single-family residence located at 16-2067 Rainbow Drive in Pahoa, Hawaii.

The loan was structured at 61.77% loan-to-value (LTV) and 94.12% loan-to-cost (LTC), with a 12-month term and a 12.00% interest rate. The financing provides the borrower with the capital necessary to complete construction of an approximately 1,832-square-foot residence with an attached garage, with the project ultimately intended for sale upon completion.

The new construction project reflects continued housing development activity throughout Hawaii's residential markets, where builders often require flexible financing solutions that align with construction timelines and market opportunities.

Financing Ground-Up Residential Development

This transaction highlights 1892 Capital Partners' ability to provide construction financing for experienced developers seeking efficient execution and certainty of capital.

"Ground-up construction requires a lender that understands both the project timeline and the realities of today's market," said a representative of 1892 Capital Partners. "Our role is to help borrowers move projects forward by providing practical financing solutions that support execution from groundbreaking through completion."

By delivering a high-LTC construction loan, 1892 Capital Partners enabled Paramount Legacy Developments to advance the project with confidence while maintaining a clear path toward a successful disposition upon completion.

Deal Snapshot

Loan Amount: $265,625
Property Type: New Construction Single-Family Residence
Location: Pahoa, Hawaii
Square Footage: 1,832 SF
Year Built: 2026 (New Construction)
LTV: 61.77%
LTC: 94.12%
Interest Rate: 12.00%
Term: 12 Months
Loan Purpose: Construction Financing
Exit Strategy: Sale
Outcome: Successfully closed ground-up construction loan

Supporting Builders Through Project Execution

Construction projects require more than capital. They require a lending partner capable of understanding budgets, timelines, and execution risk while maintaining the flexibility necessary to keep projects moving.

This closing reflects 1892 Capital Partners' commitment to supporting builders, developers, and real estate operators through every stage of the development process. Whether funding new construction, facilitating a transitional asset, or providing bridge financing ahead of a sale or refinance, the firm structures loans around practical business objectives and real-world execution timelines.

About 1892 Capital Partners

1892 Capital Partners is a direct private lender that provides bridge financing, construction financing, and specialty lending solutions to real estate investors, developers, brokers, and operators. Backed by a multi-generational real estate platform, the firm brings decades of experience across development, acquisitions, and asset management.

By leveraging its own capital, 1892 Capital Partners offers speed, flexibility, and execution certainty, delivering tailored financing solutions for real-world projects.

Common loan scenarios include:

▶️ Ground-up construction financing
▶️ Income-producing bridge loans
▶️ Cash-out refinance strategies
▶️ Lease-up and prestabilization financing
▶️ Time-sensitive acquisitions and transitions

For more information, visit:
www.1892capital.com

Work With Us

If you're navigating a project that falls outside conventional lending parameters, , construction

We lend our own capital. We move quickly. And we structure around real opportunities.