Overview
Bridges the carry period between securing entitlements and breaking ground — priced for the binary risk of pre-development capital, released once construction financing is in place.
Submit a DealWho this fits
- Entitled and zoned land
- Sun Belt & East Coast markets
- Strong sponsor with a clear exit
What disqualifies a deal
- Unentitled / raw land
- Weak or unclear takeout strategy
Frequently asked
Questions sponsors ask about this program
- What deal sizes does Pre-Development Land Loans support?
- Pre-Development Land Loans is sized at $3M–$30M. Bridges the carry period between securing entitlements and breaking ground — priced for the binary risk of pre-development capital, released once construction financing is in place.
- What are the indicative terms?
- Indicative terms are 50% LTC; 12–15%; 12 mo, IO. Final pricing and structure depend on sponsor track record, asset quality, and the exit.
- Who is a good fit for this program?
- Entitled and zoned land. Sun Belt & East Coast markets. Strong sponsor with a clear exit.
- What would disqualify a deal?
- Unentitled / raw land. Weak or unclear takeout strategy. We tell sponsors early when a deal isn't right for this program rather than shopping it to lenders who won't close it.
- How does the process and timing work?
- Entitlements must already be in place. Proceeds are sized to carry the site until construction financing closes.