Construction lending is skyrocketing in popularity for everything from renovation and rehabilitation to ground-up construction project. Whether you are looking to make a simple addition on a house flip, gutting a multi-family dwelling to bring everything up to code, or tearing down existing structures to build a hotel or healthcare facility – Perfect Alliance Capital has you covered.
Perfect Alliance has a lot of money available for construction projects, including niche funding for the following products:
First Mortgage Bridge Loans
- Hotels & Assisted Living Facilities to 75% loan to cost
- Loan amounts range from $7 million to $35 million
- Closings in under 45 days
- Single digit rates
This product is is perfect for time-sensitive deals that need quick execution and high LTV without going to through the SBA or USDA loan processes.
Green & SBA 504 Loans
- For construction projects up to $25 million
- We can finance hotels, self storage, funeral homes, bowling alleys & other special purpose properties
- This product will often take the Loan to Cost (LTC) up to 85-90%
- On green projects, we can do SBA loans even if your SBA eligibility is maxed out
Call us to discuss ways to make your project “green” so that you can qualify for this special funding.
Large Project Funding
- For construction projects $50 million and up
- We can provide a combination of debt & Equity/Mezzanine up to 85% LTC
- Up to 65% on the first mortgage at rates in the 4s
- 20% preferred equity or mezzanine to round out capital stack
- Super aggressive financing
- We can do up to 90% LTC for Class A Multi-family projects in major metro areas