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

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!

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