$7.00M RETAIL CONSTRUCTION

PROJECT DETAILS

We recently partnered with a borrower seeking to maximize leverage on a retail construction project in Prosper, TX.

Traditional lenders were quoting 65–70% leverage and requiring a minimum of 50% pre-leasing prior to construction—creating both capital constraints and potential delays.

V³ Lending structured a solution that aligned with the sponsor’s goals and eliminated those hurdles:

• 75% Loan-to-Cost
• $7.0MM Total Loan Amount
• 6.00% Interest Rate (well below current market)
• 50% LOIs in lieu of executed pre-leases

This structure allowed the borrower to preserve liquidity for other projects while moving forward with construction immediately—without being held up by pre-leasing requirements.

If you’re working on a deal with similar constraints, I’d be happy to explore solutions.