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.

Elevating onchain creators 

@nodefoundation @brightmoments 
@ampsfun

Real estate investments are seeing a surge in interest due to low inventory and high demand. Cryptocurrencies like Bitcoin and Ethereum offer alternative investment channels with potentially higher returns but come with their own set of risks. Exploring both traditional and crypto assets can diversify a portfolio effectively.