Commercial Construction

Polara Capital’s lending program for commercial construction and development projects allows borrowers the ability to receive up to 95% loan-to-cost on all property types, focusing on industrial and retail projects.

This program is intended for borrowers who want to preserve their cash position for whatever reason, giving them flexibility and capacity to pursue more opportunities while maximizing profits through attractive financing:

• Loan amounts from $2,000,000 to $20,000,000
• Up to 95% loan-to-cost
• Non-recourse terms available
• 8 to 24 months term
• Property Types: Focusing on industrial and retail projects, Has capacity to review other property type opportunities
• Interest Only
• Most US Markets considered

Excellent For:

• Construction projects in primary and tertiary markets
• Moderate to strong credit tenant profiles
• Spec projects with a Sponsor exhibiting an excellent track record

Underwriting is straight-forward and terms are flexible.