RCG provides funding for land and land development, which includes land improvement funding for residential and commercial projects. Many of these loan structures incorporate the acquisition, pre-development and construction financing. During the underwriting process, the underlying value of the property is considered when determining the loan amount and structure.
RCG provides hard and soft construction financing
for residential and commercial projects. Construction
loans may take the part of a larger structure
which may include land and land improvement
financing for development projects. Other
financing structures may include funding rehabilitation
or a combination of acquisition and renovation
of existing buildings or structures.
RCG has the ability to
provide short-term capital requirements
needed to bridge a gap until a permanent
source of financing may be obtained. The
typical loans for this type of transactions
include: - Acquisition - Rehabilitation
- Repositioning within a given market regardless
of property type.
RCG recognizes that there is value in old
or “tired” properties and we have
designed a loan to acquire and reposition
either commercial or residential properties.
These properties are typically purchased “as
is” with the scope of the rehab ranging
from cosmetic to a complete rebuild. (Loan
structure may consider future value of the
completed improvements) We lend on urban and
suburban properties.
RCG is a direct lender
of bridge, reposition, and development funding
for projects at a leverage of up to 90%.
This loan structure is a less expensive
alternative to equity. A participating loan
can simplify the lending process enabling
the borrower to utilize one lender for project
RCG is a direct source for short term mezzanine
loans on bridge basis or as a part of a development
project. Overall LTV can reach 90% with qualified
projects. Most property types are eligible
RCG will make equity
investments with qualified developers or
investors for a variety of project types.
Investments are typically for bridge, reposition,
or development projects and generally are
for three years or less.
Conduit loans typically offer very low fixed
rates by offering investors high leverage
with a standard 80.00%V LTV and an option
for a mezzanine program to increase leverage
to 90.00%
