Working on a $70M ground-up condo development on the West Coast.

Sponsor’s been sitting on the land for 2+ years and now wants to go vertical — but with ~80% LTC and aggressive pricing.

Tough ask in this market. But here’s how we’re structuring it:

Option 1: ~80% LTC, higher cost, tighter structure
Option 2: ~75% LTC, better pricing, smoother terms
Option 3: ~70% LTC, lowest cost, no exit fee

Each one has trade-offs.
The key? Structuring the capital stack to fit the actual business plan.

If you’ve worked on creative financing for ground-up deals (or seen a wild capital stack lately), I’d love to hear about it.

Founder @Prays - Faith-based streetwear




Real Estate Finance + Faith.
NYC Energy. Servant of God.
I KNOW NOTHING ABOUT CRYPTO‼️

Don't know much about real estate, but that looked like an industrial engineering problem at first glance

It's been 4 years in here and I'm still having fun

In OR, roughly you can solve the maximization or minimization problems. E.g. for this case, it can be written as:

max Net Profit=Revenue−(Total Project Costs+Total Financing Costs)

As second objective: min Req. Sponsor Equity (to maximize NP)

You can also conduct some sensitivity analysis with different inputs

I'm a simple dev, but my degree is in IE. I believe the most advanced AI tools can be helpful if you'd like to explore the analysis yourself (didn't check though). Hope that helps!