CAPITAL STRUCTURE: Construction Loan Check Size: $50M+ for construction; can go smaller for pre-development LTC : 65–70% LTC Rate: SOFR + 300 – 500 bps Use: Ground-up construction, pre-development Property Type: All major CRE except data centers; prefers Class A quality; selective on office & hospitality Geography: Top 40 U.S. market
Capitals: Construction Loan
Discretionary insurance backed balance-sheet lender seeking to provide development-stage financing
By M H
CAPITAL STRUCTURE: Construction Loan Check Size: $25M – $75M LTC : Up to 85% LTC Rate: SOFR + 700–1,000 bps (≈ mid-7s to 10% all-in) Term: 2-4 years Property Type: Multifamily, industrial, senior living, selective retail/office, hospitality Use: Ground-up development Geography: Nationwide (U.S.)
Balance sheet lender writing non-recourse construction loans nationwide
By M H
CAPITAL STRUCTURE: Construction Loan Property Type: All asset types including Multifamily, condominium, student housing, manufactured housing, industrial, and retail, Medical office: No land or horizontal dev. Use: Ground-up Construction Check Size: $20MM – $50MM Term: 6 – 24 months (maximum 36 months with extensions) LTC : Up to 75% LTC Rate: SOFR + 600 bps Geography: […]
Insurance company writing participating senior construction loans for select asset classes
By M H
CAPITAL STRUCTURE: Construction Loan Property Type: Multifamily & Industrial Use: Ground-up construction Check Size: $20M-$150M LTC : Up to 85% LTC Rate: Current pay of 5.5% and a targeted IRR of 8.5% via equity participation Term: up to 10 years Recourse: Non-recourse Geography: Nationwide (U.S.)
