The Problem We Solve
Land deals fall apart on financing. Banks have largely exited residential land lending, and the few remaining bank programs require entitlement-in-hand and 50% cash equity. Our land program funds acquisition of unimproved, partially entitled, and fully entitled land — and rolls into site development financing without re-closing.
Who This Is Built For
- Land developers acquiring sites of $1M+ for residential or mixed-use builds
- Builders securing 2–5 year lot pipelines for ongoing vertical production
- Sponsors closing on entitled lots with horizontal work to complete
- Operators recapping a maturing seller-financed land note
Program Terms
How the Process Works
Site & sponsor review
Survey, contract, title, entitlement status, sponsor takedown plan or build plan.
Term sheet inside one week
Sized against current as-is value and (if applicable) the post-horizontal residual value.
Diligence
Appraisal, environmental Phase I, ALTA survey, entitlement counsel review, sponsor financial package.
Close
Close in 3–6 weeks. Funds disburse at closing for acquisition and via inspection-based draws for site dev.
Frequently Asked Questions
Yes, at reduced leverage. Unentitled or partially entitled land typically caps at 45–55% LTC, priced 100–250 bps wider than entitled land. We package the sponsor's entitlement plan, the jurisdiction's history, and a stress case where entitlements slip 6–12 months past the projected timeline.
Discuss a Land Acquisition & Site Development Deal
Submit your project. We'll respond within 24-48 hours with indicative structure and next steps.