Our relationship doesn’t end the day documents get signed. Whether negotiating with a third-party lender, ensuring adequate reserves for construction and interest, or assisting with take-out financing or equity raises, we are your advocate throughout the process.
Vertical Construction of Nine Homes in Palm Coast, FL
This project will feature three different layouts varying from 1,500-1,753 sq ft of living space. Four homes will feature three bedrooms, two bathrooms, and 2-or-3 car garages within 1,500 square feet of living space. Three homes will consist of 1,650 square feet of living space, four bedrooms, two bathrooms, and a two-car garage. The two most sizable homes will feature three bedrooms, two bathrooms, 1,753 square feet, and a 2-or-3-car garage.
Palm Coast is one of FL’s newest cities, incorporated in 1999, and is situated on 70 miles of saltwater and freshwater canals and the Intracoastal Waterway, minutes from many Atlantic Ocean beaches. Palm Coast offers a dozen parks, over 125 miles of connecting trails and paths for walking/bicycling, fishing, boating, and world-class tennis and golf. Palm Coast is located one hour south of Jacksonville and 80 miles north of Orlando, FL.
Contact Jacob Wigle today to get started on your residential development project.
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Highest Degree of LeverageWe loan against the completed value of your project, with no loan-to-cost requirements. As a result, we can provide more funding for your project than a bank can and that means more flexibility for you.
Speed / ConvenienceWe can close as quickly as 5 days, and draws are wired within one to two business days after inspection approval. Banks can take months to review a typical real estate project. In that time, our clients’ projects are already underway and on the way to realizing profits.
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Unmatched Industry ExpertiseWe’ve closed approximately $2 billion in project capital over more than 1000 loans (and counting). Our level of construction market intelligence is second to none.
In-House Manual UnderwritingWe evaluate every deal on its own merits and are faster and more flexible in the evaluation process than traditional financing such as banks. You’ll typically get feedback within the same day of your request and a term sheet within as little as 24 to 48 hours.