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High Street has expertise in arranging acquisition and servicing loans to take raw land through the development agreement and subdivision process. Land bank loans are generally available up to 65% of purchase price, and servicing loans for are funded on a cost-to-complete basis up to 85% – 90% of total cost.
Land Development Loans can apply to the construction of storage areas, industrial sites, casinos, parking areas, motels/hotels, projects of residential development, golf courses, recreational and retail centers and more. If you are looking for the ideal product for the realization of your vision, contact our team of experts.
High Street Financial's leadership has extensive experience in underwriting construction loans and managing them on a monthly basis while the project is underway. Their knowledge of and experience in construction is crucial to effectively underwriting and managing construction loans. Highstreet originates loans for various property types, including Multifamily, Industrial, Office, Retail, Residential Mixed-Use and Land.
We have had the honor and privilege of growing our company over the years largely through word-of-mouth referrals from brokers, borrowers, other lenders, and stakeholders within the greater commercial real estate community.
We effectively and efficiently execute each loan entirely in-house for a seamless process including but not limited to construction draws, inspections and underwriting.
Our competitive advantage is rooted in our team’s extensive experience in underwriting construction loans. Our vast knowledge of and experience in development is crucial to effectively underwriting and managing loans.
