Capital across the build cycle

Capital to acquire lots and fund the lot-development-permit process.

The hardest dollar to raise is the first one. You have a contract, a survey, and a plan — and a seller who does not care that your permit is six weeks out. We fund the acquisition and carry the lot-development-permit work alongside it, so the closing date and the approval calendar stop fighting each other.

We size against the land basis and the permitted plan together rather than treating the LDP spend as an unfunded afterthought. Survey, plat, zoning minutes, civil engineering, and service-provider confirmations are tracked on our side as a checklist, not as a stack of emails.

Rezoning, approvals, and permits that unlock a site's value.

Entitlement risk is the one risk most lenders refuse to price, so they price it at infinity and decline. We develop too, so we can read a staff report, a set of council minutes, and a conditional-use condition list and tell you where the file actually stands.

Loans in this category are sized conservatively against as-is land value with a plan-of-record and a milestone schedule. We fund in tranches tied to the approvals you clear, which keeps your carry down and keeps both of us honest about the calendar.

Grading, utilities, roads, and horizontal infrastructure.

Horizontal work is where budgets go to die, and it is the part of a project we have personally run. Mass grading, storm and sanitary, water, curb and gutter, base and binder — we underwrite the line items the way a superintendent would, against real unit costs for the market you are building in.

Funding is controlled against a line-item budget. You draw on completed work, an inspector confirms it, and the release follows. Lot releases are priced so your takeout lender or homebuilder can close individual lots without renegotiating the whole facility.

Warehouse, flex, and light-industrial ground-up.

Small-bay flex, contractor yards, and light-industrial shells in growth corridors are chronically undersupplied and chronically under-lent. Deals in the one-to-five-million range are too small for the institutions and too unusual for the fix-and-flip shops.

We look at the site, the pad, the power and the parking, and the depth of the tenant or user market around it. A signed lease or LOI helps and is not required — a credible absorption story from a sponsor who has delivered similar product carries real weight here.

For-sale and build-to-rent housing, single- and multi-family.

For-sale subdivisions, infill, townhomes, and build-to-rent communities — the product our borrowers actually deliver. We underwrite absorption against real comparable sales and real days-on-market, not against a spreadsheet assumption pulled from a national report.

If a deal closes and you want a vertical takeout, we will line up construction financing through our partner network rather than sending you back to the top of someone else's queue.