$5.00M SCHOOL CONSTRUCTION

PROJECT DETAILS

A borrower approached V3 Lending seeking financing for the construction of a new children's educational facility in the Dallas area. The project required a lender comfortable with ground-up construction and the ability to move quickly to meet the client’s timeline.

After evaluating several options, we were able to secure financing that met the borrower’s objectives, including:

• 80% loan-to-cost construction financing
• $5.0M Loan Amount
• 6.25% interest rate
• No lender origination fee
• Closed in approximately 45 days

The borrower was able to move forward with construction on schedule while maintaining strong leverage and favorable loan terms.