Build for Rent

Build-to-Rent is an investment strategy in which developers build single-family houses with the intention of renting them out rather than selling them.

The build-to-rent model differs from the buy-and-hold model and the multifamily model. While there are similarities to multifamily housing, the product is fundamentally different.

Our Build For Rent program provides one-stop financing solutions to qualified developers building new rental properties. Besides providing certainty of funding during the construction phase, we also provide long-term financing after projects have stabilized.

Terms

Property Types New single-family rentals, townhomes and condo

Loan Amount $3M – $50M+

Starting Interest Rate 7% - 10 %

LTC/LTV Up to 90% of LTC or 75% LTV

Term Length 12-24 months

Expected Closing Time 2 Weeks

Prepay Penalty Varies - Case by Case

Extension Available 6 Months to 1 Year

Lending area Nationwide

Benefits

Flexible in terms and guidelines.

Non-recourse, repayment of the loan only through the property itself.

Efficient financing for all commercial asset types across all stages of construction.