Borrower Type
Specialized hard money financing solutions for commercial real estate developers in Miami, FL.
Commercial real estate development in Miami represents one of the most complex and capital-intensive segments of the property market. From office buildings in the urban core to mixed-use developments in emerging neighborhoods, commercial projects require sophisticated financing structures that can accommodate extended timelines, multiple phases, and evolving market conditions. Traditional construction lenders often impose rigid requirements that don't align with the realities of commercial development, particularly for speculative projects, value-add conversions, or developments in transitional areas. Hard money loans provide commercial developers with the flexible, relationship-based financing needed to execute complex projects successfully.
Miami's commercial real estate market continues to evolve rapidly, driven by population growth, business expansion, and the city's emergence as a tech and finance hub. The demand for modern office space, creative workplaces, and mixed-use environments creates significant opportunities for experienced developers who can navigate the market's complexities. However, commercial development financing requires more than just capital, it demands a lending partner who understands entitlement timelines, pre-leasing requirements, construction management, and the various exit strategies available upon project completion. Our hard money lending programs are specifically designed for commercial developers, providing the responsive capital and flexible structures needed to bring ambitious projects to fruition. We work with developers across all commercial property types, from boutique office buildings to large-scale mixed-use developments, offering financing solutions that adapt to your project's unique characteristics and timeline.
Commercial real estate developers employ hard money financing across the full spectrum of development activities. Land acquisition and pre-development financing provides capital for site control, entitlement work, and pre-construction activities before traditional construction financing is available. This early-stage funding is critical for securing attractive sites, navigating the zoning and permitting process, and preparing projects for construction financing. Our land loans accommodate extended timelines for entitlement work and can be structured to convert seamlessly into construction financing once approvals are obtained.
Construction financing for commercial projects represents a core application of our hard money lending. Unlike traditional construction lenders who may require substantial pre-leasing, extensive equity contributions, and lengthy approval processes, we can fund speculative commercial developments based on project feasibility, developer experience, and market fundamentals. Our construction loans provide funding for hard costs, soft costs, and interest reserves, with construction draws processed efficiently to maintain project momentum. We understand commercial construction management and can structure draw schedules that align with your contractor's needs and project milestones.
Value-add development and repositioning projects often require hard money financing due to their transitional nature. Converting obsolete office buildings to residential use, transforming retail centers into mixed-use developments, or redeveloping industrial properties for creative office tenants, these complex projects fall outside the parameters of conventional lending but represent significant value creation opportunities. Our financing supports acquisition, renovation, re-tenanting, and stabilization of repositioned commercial assets, providing the capital flexibility needed to execute complex transformation strategies.
Bridge financing serves developers transitioning between project phases or navigating timing mismatches. Perhaps you've completed construction but need time to lease the property before securing permanent financing, or your construction loan is maturing and you need interim capital to complete final work. Our bridge loans provide short-term financing during these transitional periods, with flexible structures that accommodate lease-up timelines, tenant improvement requirements, and the various contingencies inherent in commercial development projects.
Commercial developers face financing obstacles that can stall projects or eliminate viable opportunities entirely. Traditional construction lenders typically require extensive pre-leasing, substantial equity contributions (often 35-40%), lengthy approval processes that don't align with acquisition timelines, and rigid draw schedules that create cash flow challenges. Additionally, speculative development, building without committed tenants, often falls outside conventional lending parameters entirely. When entitlement delays, market shifts, or construction issues arise, the inflexibility of traditional financing can threaten project viability.
We approach commercial development financing as a partnership, recognizing that successful projects require responsive capital and collaborative problem-solving. Our underwriting emphasizes developer experience, project feasibility, and market fundamentals rather than rigid adherence to conventional metrics. We can structure loans with higher leverage than traditional lenders for experienced developers with strong track records. Our construction draw process is designed for efficiency, with quick turnaround on draw requests to maintain contractor relationships and project schedules. We work with you proactively when challenges arise, modifying loan structures or providing additional capital to keep projects moving forward rather than defaulting to enforcement actions.
Miami's commercial development landscape spans from the dense urban core of Brickell and Downtown to emerging sub-markets in Wynwood, the Miami River district, and peripheral areas experiencing rapid transformation. Our financing programs support commercial development throughout Miami-Dade County, understanding that each sub-market presents unique entitlement considerations, tenant demand characteristics, and competitive dynamics that impact project success.
We finance all commercial property types including office buildings, retail centers, industrial facilities, mixed-use developments, hospitality properties, and specialty commercial assets. Projects can range from small boutique developments to large-scale commercial projects. We work with both speculative developments and build-to-suit projects, providing financing structures appropriate to each development strategy.
Equity requirements vary based on project type, location, developer experience, and market conditions. For experienced developers with strong track records, we can provide leverage up to 80-85% of project costs. For newer developers or higher-risk projects, we may require 20-25% equity. We evaluate each project individually and can structure financing that optimizes your capital efficiency while managing project risk appropriately.
Yes, we regularly finance speculative commercial development where leasing occurs during or after construction. While pre-leasing improves financing terms and reduces risk, we understand that many successful commercial projects are built on a speculative basis, particularly in strong markets like Miami. Our underwriting emphasizes market fundamentals, location quality, and developer leasing capabilities rather than requiring executed leases as a condition of financing.
Construction draws are processed based on verified work completion, typically using a combination of inspections, contractor payment applications, and lien waivers. We strive to process draw requests within 2-3 business days of submission to maintain project momentum. Draw schedules are established at closing based on your construction budget and timeline, with flexibility to adjust as project needs evolve.
Yes, we can structure comprehensive financing that covers land acquisition, construction, and initial lease-up through stabilization. This may involve a single loan with staged funding mechanisms or a series of related loans that convert from land to construction to bridge financing as the project progresses. Our goal is to provide capital continuity that eliminates refinancing risk and allows you to focus on executing the development rather than managing financing transitions.