Ground Up Construction Lending & Financing Solutions - JLJ CAPITAL

GROUND UP CONSTRUCTION

Our Ground Up Construction Lending Program provides efficient financing for all stages of construction. This program allows us to customize a construction loan to your specific investment project – whether it is complex ground up construction or an opportunistic value-add project.

JLJ offers financing for commercial projects and other real estate opportunities based on an evaluation of the borrower or broker’s business proposal/project summary, including a general valuation of the real estate.

Interest rates will be determined on a case-by-case basis, based on risk.

Bridge Bridge
LOAN TYPE Ground Up Construction
LOAN AMOUNT $30,000,000 - $100,000,000
TERM 1 - 36 months with extension options
INTEREST RATE LIBOR plus 6.5% - 9% 7% fixed and up
LOAN TO VALUE Up to 85%
LOAN TO COST Up to 85%
PROPERTY COST All types of property are considered - multi-family residences; single-family; condominiums; office and mixed-use buildings; retail, warehouse, and industrial spaces; undeveloped land; shopping centers; homes (non-owner occupied, including rehab/flip opportunities).
ORIGINATION FEE 1% - 3%
RECOURSE Completion Guaranty (Good Guy)
APPLICATION FEE $5,000 for loans under $5MM
$10,000 for loans $5MM and up
CLOSING TIMELINE 2 - 5 weeks
GEOGRAPHICAL FOCUS Northeast, Southeast, Colorado, TX
USE OF PROCEEDS Northeast, Southeast, Colorado, TXAcquisition, restructuring, discounted payoffs, purchase of notes, property improvements, partner buy-outs, recapitilazations, construction, conversions, pay-down of other debts and taxes.

EXPLORE JLJ CAPITAL GROUND UP CONSTRUCTION TRANSACTIONS

329 BROADWAY

329 BROADWAY

$57.0 MM

DOLCE TWIN CREEKS, II

DOLCE TWIN CREEKS, II

$55.5 MM

EXPLORE JLJ CAPITAL'S LENDING PROGRAMS

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