Build-To-Suit Loan

Ground-up construction loans including land purchase, soft and hard costs for single and multi-tenant NNN lease projects.

PROPERTY TYPES

Properties We Finance

retail
Retail
office
Restaurants
office
Medical
office
Warehouse

LOAN TO PROJECT COST

Up to 100%

MAX STABILIZED LTV

Up to 75%

LOAN AMOUNT

$1,000,000$25,000,000

(Greater than $25,000,000 on a case by case basis)

TERM

12 – 36 Months
(Extensions case by case)

INTEREST RATE

Competitive floating rate spread over 30 day LIBOR

AMORTIZATION

Interest only

NON-RECOURSE

Full or partial during construction; “bad boy” carve-outs post completion.
GC surety bond and project completion guarantee.