Case Study
Yorktown Capital is pleased to announce the successful closing of a $6,024,503 ground-up construction loan for a new community in East Austin. This project will deliver 12 single-family units across four lots, with financing structured at 85% LTC and 67.35% LTV, based on an appraised value of $8,687,620. Financed across two loans, the structure features a 15-month term at a 9.75% interest rate.
Bunche Development Project
This transaction presented a unique situation, due to a complex borrower entity structure, involving series LLCs and irrevocable trust. Leveraging our expertise and collaborating closely with all parties, Yorktown successfully navigated the legal and underwriting complexities to get this project funded in a timely manner.
- 85% LTC
- 67.35% LTV
- 9.75% Interest Only
- 12 Townhome Units
LOAN HIGHLIGHTS
New construction
Ground-up construction financing designed to keep pace with your build schedule. Our new construction loans provide the capital and flexibility residential builders need to complete projects on time and within budget.
Industry Leading Interest Rates
Loan Sizes Up to $20M
Non-Recourse Options Available
No Limit On Unit Count
LOAN PROGRAMS
Other loan programs
We've provided strategic financing for single-family developments, multifamily complexes, and land acquisitions that strengthen communities throughout our specialized regions.
WHY YORKTOWN
Direct lending with dedicated support
We’ve built our approach around understanding your business and delivering financing that works seamlessly with your operations.
Our local market expertise and technology platform ensure you get fast, informed decisions from a team that truly gets what you’re building.
TESTIMONIALS
Trusted by builders nationwide
Our clients choose Yorktown because we deliver on our promises of responsive service, seamless integration, and genuine partnership.