Turn Signed Construction Contracts
into Immediate Working Capital

Commercial Development
Program

Program Overview

Financing solutions for ground-up development, adaptive reuse, land acquisition, horizontal development, and complex commercial construction. Designed for developers and sponsors who need strategic leverage, thoughtful structuring, and lender alignment from the start of the project.

Purpose

Construction, conversion, bridge, land, pre-development, rescue capital

Leverage

Up to 95 percent LTC and up to 80 percent LTV

Loan Size

$2MM to $100MM plus

Loan Types

Senior, stretch senior, mezzanine, preferred equity

Funding Sources

Banks, life companies, private credit, debt funds, family offices, REIT capital

Property Types

Multifamily, condo, mixed-use, senior living, student housing, RV parks, manufactured housing, affordable housing, build-to-rent, hospitality, industrial, medical office, office, retail, self-storage, data centers, workforce housing, land development

Recourse

Non-recourse and limited recourse available

No balloon payments

No prepayment penalties

Approvals based on projections

Refinance high-cost debt

Lower equity and longer terms

Full capital stack structuring available

Bridge-to-permanent pathways supported

Appetite for both institutional and middle-market sponsors

Creative solutions for phased or complex developments

Representative Transactions

Frequently
Asked Questions

Here are a few frequently asked questions to help clarify common concerns and provide quick, helpful answers.

How early should a developer engage you?

Ideally before equity is finalized or plans are fully approved, early involvement improves structure and execution.

Yes. Senior debt, mezzanine, preferred equity, and rescue capital can be coordinated.

Both non-recourse and limited recourse options are available depending on leverage and sponsor strength.

Yes, land acquisition and early-stage costs are often included.

K2 Capital