Sector
Land and Construction Takeout
We structure the transition from construction debt to permanent financing at stabilization.
Overview
Construction facilities mature on a schedule that rarely matches lease-up. Crestpoint sequences the takeout well before maturity, comparing permanent debt against a bridge that carries the asset to full stabilization, and manages recourse burn-off through the transition.
Financing Solutions
- Permanent takeout of maturing construction facilities
- Bridge financing through certificate of occupancy and lease-up
- Agency execution at stabilization where applicable
- Cash-out refinance retiring sponsor equity
Typical Terms
| Indicative rate | SOFR + 200–300 bps |
|---|---|
| Leverage | LTC up to 70% |
| Term | 3 to 10 years |
| Amortization | 25 to 30 years |
| Recourse | Partial recourse burning off at stabilization |
Terms are indicative and subject to lender approval, asset performance, and market conditions.
Request Financing