Commercial & Development
Ground Up Construction & Land Development
Construction financing for ground-up builds and land development. We understand the difference between an architect's renderings and a real construction timeline.
Who this is for
Developers, builders, and investors moving land from raw to permitted to complete. Sponsors with construction experience and a clear exit strategy. Operators who need a lender that funds milestone draws on schedule, without monthly drag.
Typical loan structure
- Loan structure
- Acquisition + construction tranches.
- Draws
- Milestone-based against work completed and inspected.
- Term
- Matched to the build schedule, typically 12 to 24 months.
- Lien
- First lien on the project.
- Reserves
- Interest reserves often built in to cover the construction period.
- Exit
- Refinance, sale, or stabilization at completion.
Ground-up financing is structured around the build. We release capital as milestones complete (foundation, framing, dry-in, finishes), with reserves typically built in to cover interest during construction. Exit to refi or sale at completion.
Common use cases
- Single-family ground-up construction
- Small to mid-size multifamily construction
- Land entitlement and pre-development plays
- Mixed-use development projects
- Spec home construction
- Subdivision and lot development