Horizontal & Vertical Proceeds
A unique product in the private lending space, BD Capital offers residential developers financing options for horizontal lot development through vertical construction. All residential property types are eligible across the country. BD Capital fields a dedicated team for just Residential Development Loans which helps facilitate smooth closings and yields repeat borrowers.
BD Capital provides funds for horizontal lot development, not just for vertical construction like competing products.
The term sheet and closing process is smooth and transparent with a team in place just for the Residential Development Loan product.
Some builders buy land years before they are ready to execute on their development or improve the land before a construction loan. BD Capital recognizes increased property value as imputed equity and costs spent to date which reduces a borrower’s cash to close.
Higher leverage and a pre-funded interest reserve are just a couple of attributes that make the Residential Development Loan product attractive.