La Quinta provides funding for Ground-up Construction, Value Add Rehab, and Property Conversions. Stick-built or Modular construction including interim and long-term financing as an exit to construction financing. Available to all types of Commercial real estate, including Multifamily, Single-Family housing developments, Build-to-rent, Spec housing, Condo, Industrial, Self-Storage, Office, Hospitality, Health Care, and Retail when held as a real estate investment or as a business owner.
Single Family / Multifamily Construction/Rehab:
Acquisition, Development, and Vertical Construction as debt only or in combination with equity for larger projects. Available to Single Family, 2-4 units, Townhomes, Subdivisions for sale or rent, and Multifamily properties. 75% - 85% LTC, with a completed value of 75%. Recourse or non-recourse options.
Credit Line / Revolver: Available to Single Family, 2-4 units, Townhomes, Subdivisions for sale or rent, and Multifamily projects held as an investment. Sponsor/Developer must demonstrate similar project experience within the last 18 months. General Contractor experience can count if a guarantor. Funds can be used across multiple sites, providing flexible structuring, including phased projects with lots like a PUD.
For Sale or Rent Subdivision Capital: Available to builders/developers. Contact La Quinta for your project review, sizing, analysis, and qualification guidelines. (866-283-3421)
Agency Construction Debt: Provides 85% - 90% Loan-to-Cost per project type, as one non-recourse loan for both construction and long-term financing as one loan. (For details see the "Agency" drop-down menu)
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