Streit lending offers new construction, construction-completion, and rehab loans.
We can finance single family homes and 1-4 units as well as apartment, retail, industrial and office buildings. In some instances we can even finance tenant improvements. At Streit Lending, we fully grasp the complexities associated with constructions projects. Consequently, we tailor a loan’s structure, including interest reserves and construction draw schedules, to meet our borrowers’ needs.
Subsequent to closing, we work closely with our borrowers to ensure the successful completion of their construction projects. Depending on the loan, we can often offer in-house fund control at no additional cost.
Major Metropolitan Areas in Southern California
$750,000 – $10,000,000
Loan to Cost:
Up to 70%
Starting at 10.99%
Starting at 1.5%
Our goal is to provide quick, transparent and stress-free closings that help developers, rehabbers, and homebuilders complete their construction projects faster.
Streit Lending originates commercial and residential construction/rehab loans in Southern California only. We understand that time is of the essence with all construction/rehab projects. Those involved in the field of construction require deal certainty to ensure the swift execution and profitability of their construction/rehab plans. Our borrowers are well into the first if not second phases of their projects in the same time it would take to secure a conventional construction loan.