TCW Capital Finance - Commercial Financing Solutions

TCW Capital Finance - Commercial Financing Solutions Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from TCW Capital Finance - Commercial Financing Solutions, Loan service, 3343 Peachtree Road NE Ste 145-1396, Jonesboro, GA.

At TCW Capital Finance, we assist business owners, investors, and developers in securing strategic debt and equity financing solutions through institutional, private, and alternative capital markets.

🏠 NEW BUSINESS-PURPOSE HELOC PROGRAM — NOW AVAILABLELocked into a first mortgage rate you don’t want to give up?You shou...
08/27/2026

🏠 NEW BUSINESS-PURPOSE HELOC PROGRAM — NOW AVAILABLE

Locked into a first mortgage rate you don’t want to give up?

You shouldn’t necessarily have to refinance your entire mortgage just because you need additional capital for your business.

We’ve officially launched a standalone Business-Purpose HELOC that may allow qualifying property owners to access available equity while leaving an existing first mortgage untouched on eligible subordinate-lien transactions.

This can be especially valuable for owners who purchased or refinanced when first-mortgage rates were lower.

🔑 CORE PROGRAM FEATURES

✔ 1st, 2nd & eligible 3rd-lien options
✔ Fixed-rate standalone financing options
✔ Full approved amount available upfront
✔ Ability to redraw eligible available funds as principal is repaid
✔ 10-, 15-, 20- & 30-year terms
✔ No-appraisal options available on qualifying transactions up to $400K
✔ Digital title processing
✔ eNotary closing options where available
✔ No standard borrower prepayment penalty
✔ Potential closing in as little as several business days for qualifying files

🏡 PRIMARY RESIDENCES

Owner-occupied properties provide the broadest qualification range.

◆ FICO: approximately 600–850, depending on loan amount, lien position, CLTV and underwriting tier
◆ Up to 85% CLTV on qualifying scenarios
◆ 1st, 2nd and eligible 3rd-lien structures
◆ HELOC amounts generally $25,000–$750,000 for qualified applicants

A primary residence can be used as collateral even though the proceeds must be for a legitimate business purpose.

🏘️ NON-OWNER-OCCUPIED / INVESTMENT PROPERTIES

Investment properties can also qualify, but underwriting is more conservative.

◆ FICO: generally 680–850
◆ Up to 80% CLTV on qualifying first-lien transactions
◆ Generally up to 70% CLTV on qualifying subordinate-lien transactions
◆ 1st or 2nd lien positions
◆ Single-family rentals, condos, townhomes/PUDs and eligible 2–4 unit residential properties may qualify

Secondary/vacation homes may also be eligible subject to the applicable credit, CLTV, lien-position and state guidelines.

💼 WHAT CAN THE MONEY BE USED FOR?

This is business-purpose financing, so proceeds can potentially be used for things such as:

◆ Working capital
◆ Business expansion
◆ Inventory or equipment
◆ Payroll or marketing
◆ Business debt consolidation
◆ Business acquisitions
◆ Real estate investment
◆ Launching or expanding a business

⚡ GET A PREQUALIFICATION DECISION IN LESS THAN 15 MINUTES

Want to know whether a property appears to fit?

Answer a few short questions through our secure online application and receive an initial prequalification decision on each individual property in less than 15 minutes in many cases.

👉 Apply Here:
https://businessheloc.tcwcapitalfinance.com/

If you have multiple properties you want evaluated, submit each property separately.

🤝 DO YOU WANT TO BROKER THIS PRODUCT?

We pay participating broker/affiliate partners up to 2 points on eligible funded transactions.

Our new Business-Purpose HELOC Broker Affiliate Portal is launching next week and will provide partners with their own referral tracking and submission process.

If you have a scenario right now, email it to:

📧 [email protected]

🔓 Access the equity. Keep the first mortgage you already have. Put trapped property equity to work for your business.

The Difference Between Owning an Airbnb… and Operating a Real Hospitality Business.🏖️ Cocoa Beach, FL🏨 13-Unit Boutique ...
08/13/2026

The Difference Between Owning an Airbnb… and Operating a Real Hospitality Business.

🏖️ Cocoa Beach, FL
🏨 13-Unit Boutique Short-Term Lodging Property
💰 $3,425,000 SBA 7(a) Financing Closed
📊 $4,565,000 Appraised Value
⏱️ 42-Day Closing

For many real estate investors, the words “short-term rental” immediately lead to one financing conversation:

DSCR.

That makes sense when you are talking about a traditional investment property being rented nightly through Airbnb or Vrbo.

But what happens when the property starts looking less like a passive rental investment—and more like an actual operating hospitality business?

That was the opportunity in this transaction.

Our client owned and operated a fully renovated 13-unit boutique short-term lodging property in Cocoa Beach, Florida, generating guest revenue primarily through Airbnb and Booking.com.

The property was professionally operated through the borrower's affiliated management company and had an independent MAI appraisal supporting a value of:

$4,565,000

The financing requirement was:

$3,425,000

The obvious approach might have been to search only for another investment-property or hospitality mortgage.

Instead, we looked at the business differently.

The key question became:

Was this simply passive rental real estate—or was the borrower actively operating a lodging business from the property?

That distinction opened the door to an entirely different financing strategy:

SBA 7(a).

The SBA 7(a) program is designed to finance qualifying operating small businesses and can potentially be used for business real estate, eligible debt refinancing, equipment, working capital, acquisitions, and other approved business purposes.

That does not mean every Airbnb property qualifies for SBA financing.

A single vacation home being passively rented to guests is a completely different situation from a multi-unit hospitality operation with:

◆ Active management
◆ Multiple guest units
◆ Centralized booking operations
◆ Ongoing guest turnover
◆ Business operating expenses
◆ Employees or management infrastructure
◆ Hospitality revenue
◆ An established operating company

In this case, the financing opportunity was based on evaluating the borrower as an operating lodging business, not simply as the owner of a rental property.

That nuance mattered.

The borrower also brought several important strengths to the transaction:

◆ 733 FICO
◆ More than $400,000 in liquidity
◆ Existing real estate experience
◆ Short-term rental operating experience
◆ In-house property management capabilities
◆ A fully renovated and operational property

The property had already begun producing revenue, with approximately $30,000 in gross revenue during June, while stabilized projections supported approximately $618,000 in annual revenue.

Because the borrower had only recently taken ownership, the lender also had to evaluate the business beyond simply looking at years of historical property-level financials.

That meant understanding:

◆ Current booking activity
◆ Occupancy trends
◆ Revenue projections
◆ Sponsor experience
◆ Operating expenses
◆ Management capability
◆ Liquidity
◆ Property value
◆ Ability to service the proposed debt

This is an important distinction in commercial financing.

A strong appraisal alone does not create a loan.

A lender ultimately wants to understand:

How will I get paid back?

That requires looking at the combination of:

Collateral + Cash Flow + Borrower + Business Structure

The final result was:

💰 $3,425,000 SBA 7(a) Financing
🏨 13-Unit Boutique Lodging Business
📊 $4,565,000 Appraised Value
📍 Cocoa Beach, Florida
⏱️ 42-Day Closing

The larger lesson is that the way a property operates can sometimes be just as important as the property itself.

Two borrowers may both say:

“I own short-term rentals.”

But one may own a passive investment property.

The other may be operating a legitimate hospitality business.

Those two situations can lead to very different financing options.

That's why good commercial financing is rarely about forcing every borrower into the most obvious loan product.

It's about understanding:

What does the borrower actually own?

How does the business generate revenue?

What financing structure best fits that operation?

Sometimes the best financing opportunity is sitting behind a distinction most people never stop to examine.

Whether you're operating:

◆ Boutique hotels
◆ Short-term lodging properties
◆ Hospitality businesses
◆ Owner-occupied commercial real estate
◆ Established operating companies

we have financing solutions that may extend far beyond traditional residential or investment-property lending.

The best financing relationships aren't built around simply finding a loan.

They're built around understanding the business well enough to find the right capital structure for what the borrower is actually building.

The Difference Between Doing One Flip… and Building a Real Estate Business.📍 San Antonio, TX🏡 Investor Group🔨 Fix & Flip...
07/17/2026

The Difference Between Doing One Flip… and Building a Real Estate Business.

📍 San Antonio, TX
🏡 Investor Group
🔨 Fix & Flip Portfolio Financing
💰 $770,500 Closed
✅ 100% Loan-to-Cost Financing

For many real estate investors, 100% LTC (Loan-to-Cost) financing is the holy grail of fix-and-flip lending.

Financing that covers both the purchase price and the renovation costs means less cash tied up in every project and more capital available to keep growing.

The challenge?

In today's lending environment—with higher interest rates, tighter underwriting, and slower-moving inventory in many markets—true 100% LTC financing has become increasingly difficult to find.

That's exactly why this transaction mattered.

Our client wasn't trying to complete their first flip.

They had already built a proven operation.

The systems were in place.

The contractors were in place.

The acquisitions process was dialed in.

Their team was successfully managing 5–10 renovation projects simultaneously.

Ironically, their biggest obstacle wasn't finding deals.

It was capital.

Even experienced investors eventually hit a ceiling when every acquisition requires bringing 10%, 15%, or 20% down, plus closing costs, reserves, and rehab liquidity.

The math adds up quickly.

Ten projects each requiring $100,000 of investor cash means $1 million of capital sitting inside active renovations instead of being deployed into additional opportunities.

Growth becomes limited—not because of skill, but because of leverage.

That's where we stepped in.

After reviewing the portfolio strategy and the team's experience, we successfully structured:

✅ $770,500 Investor Group Financing
✅ 100% Loan-to-Cost Fix & Flip Loan
✅ San Antonio, Texas

The result wasn't simply another closing.

It created the ability for this investor group to continue scaling toward their next milestone of managing 10–20 active renovation projects at one time while preserving working capital for acquisitions, unexpected construction costs, and new opportunities.

That's what good financing should do.

It shouldn't just close one transaction.

It should become part of the investor's long-term growth strategy.

Whether you're completing your first renovation or operating an established investment company, we have financing solutions for borrowers with:

✅ Extensive fix-and-flip experience
✅ Limited experience
✅ Even first-time investors (program dependent)

We offer financing in many metropolitan markets nationwide, with leverage generally ranging from 65% to 75% of ARV, including select opportunities for 100% Loan-to-Cost financing for qualified transactions.

The best lending relationships aren't built around a single deal.

They're built around helping investors acquire more properties, complete more projects, and build wealth over time.

When the investor wins, the lender wins.

That's exactly how a financing relationship should work.

When Everyone Else Saw "Rural Oregon" — We Saw the Story Behind the Deal📍 Rockaway Beach, Oregon🏡 Ocean View Investment ...
06/12/2026

When Everyone Else Saw "Rural Oregon" — We Saw the Story Behind the Deal

📍 Rockaway Beach, Oregon
🏡 Ocean View Investment Property
🔨 Rural Fix & Flip Loan
💰 $493,000 Financing Closed

One of the quickest ways to kill a real estate deal is to rely solely on a map.

Too many lenders do.

They pull up the property.

See "rural."

See a smaller market.

See a population count they don't like.

And within minutes the answer becomes:

❌ Declined

No deeper analysis.

No discussion.

No consideration of the actual opportunity.

Just a checkbox.



This transaction is a perfect example of why real estate lending is often far more nuanced than most people realize.

At first glance, Rockaway Beach, Oregon might not fit the profile many institutional lenders want to see.

It's considered a rural market.

It's outside a major metropolitan area.

And many lenders have strict overlays when it comes to coastal and rural locations.

For some lenders, that combination alone is enough to end the conversation.

But lending should never start with geography.

It should start with understanding the deal.



When we reviewed this opportunity, we focused on the questions that actually matter:

👉 Does the borrower know the market?

👉 Is there demonstrated investment experience?

👉 Is there a logical business plan?

👉 Does the property have demand drivers?

👉 Does the collateral support the loan?

The answers were compelling.

The borrower had experience operating in the area and understood the local market dynamics.

More importantly, this wasn't a declining rural community with limited demand.

It was a growing coastal market benefiting from multiple long-term trends:

✅ Retirement migration

✅ Vacation-home demand

✅ Tourism traffic

✅ Limited coastal inventory

✅ Continued investor interest in Oregon beach communities

What many people saw as "rural" was actually a desirable coastal destination with strong underlying fundamentals.

And that distinction matters.

A lot.



One of the biggest misconceptions in lending is that underwriting is purely mathematical.

It's not.

Numbers matter.

But context matters too.

Because every real estate market has a story.

And the best lenders know how to separate risk from perception.

Unfortunately, many investors discover this the hard way.

They approach multiple lenders.

Submit the same file.

And receive completely different responses.

One lender sees risk.

Another sees opportunity.

The property didn't change.

The borrower didn't change.

Only the interpretation changed.



This is where experience becomes critical.

Because structuring investment real estate financing isn't simply about finding a lender.

It's about finding the right lender.

The lender whose credit box aligns with the actual strengths of the transaction.

The lender that understands coastal markets.

The lender that understands investor strategy.

The lender that looks beyond a population statistic and evaluates the complete picture.

That's often the difference between a file that dies and a file that closes.



At TCW Capital Finance, we spend a tremendous amount of time identifying the factors that truly drive lending decisions.

Sometimes the challenge is credit.

Sometimes it's liquidity.

Sometimes it's experience.

And sometimes it's simply finding a capital source willing to look beyond a surface-level objection.

This transaction was a reminder that great opportunities don't always exist in the largest cities.

They often exist in the markets others overlook.

After reviewing the borrower, the property, the location, and the business plan, we were able to successfully structure and close:

✅ $493,000 Rural Fix & Flip Loan
✅ Coastal Oregon Investment Property
✅ Experienced Real Estate Investor
✅ Strategic Financing For A Growing Beach Community



The lesson?

Many deals are declined because of assumptions.

The best deals often get funded because someone took the time to understand the story behind the file.

And when you consistently help investors accomplish what others said wasn't possible...

You don't just close transactions.

You build relationships that last for years.

If you're working on a challenging investment property, rural transaction, coastal asset, value-add opportunity, or a deal other lenders have already declined, let's have a conversation.

The answer may be different than you've been told.

When Experience Transfers Across Asset Classes — But the Lending World Still Needs Convincing📍 Boulder, CO | First-Time ...
05/26/2026

When Experience Transfers Across Asset Classes — But the Lending World Still Needs Convincing

📍 Boulder, CO | First-Time Residential Builder Transition
🏡 Ground-Up Construction → Long-Term Rental Hold
💰 $585,000 Construction-to-Perm DSCR Loan

One of the biggest misconceptions in lending is this:

👉 Experience doesn’t always transfer cleanly in underwriting…
even when it clearly transfers in real life.

This investor originally came to us in 2024 seeking financing for a new construction project in Boulder.

There was just one problem:

❌ They had no direct residential homebuilding experience.

Now technically… that matters.

But context matters more.

Because while they lacked direct single-family construction history, they did bring:

✅ Commercial development experience
✅ Business operational sophistication
✅ Strong financials
✅ The ability to execute at a high level

And sometimes the difference between a deal closing and dying comes down to whether someone can see beyond a checkbox.

We structured the original construction financing successfully because the story underneath the file made sense.

The borrower wasn’t reckless.

They were evolving.



Fast forward to today…

Instead of selling the completed property, the investor made a strategic pivot:

📈 Convert the asset into a long-term rental
📉 Lock in permanent debt
♻️ Preserve liquidity and long-term appreciation upside

That meant entering another entirely different lending world:

The DSCR process.

And once again…

This was their first time navigating it.

Most people outside the industry think lending is just:

“Submit docs → get approved → close.”

But real-world lending rarely works that way.

Especially with investment properties.

Because deals are often won or lost in the gray areas most people never talk about.

And this transaction became a perfect example of that.



During underwriting, an issue surfaced involving the borrower’s loan servicing history.

A servicer had incorrectly categorized certain charges as “late fees.”

The problem?

👉 The borrower had never actually made late payments.

But underwriting systems don’t automatically understand nuance.

They see wording.

Flags.

Risk indicators.

And suddenly something completely explainable can become a major concern inside the file.

That’s where inexperienced brokers panic.

That’s where many lenders stall.

And that’s where deals quietly collapse behind the scenes.

Because structuring capital is only part of this business.

👉 Processing strategy is the other half.

And almost nobody discusses it publicly.

The reality is that closing investment loans often requires:

📄 Clarifying servicing discrepancies
📑 Negotiating payoff statement issues
🏢 Solving title complications
🛡️ Navigating insurance requirements
💰 Structuring reserve expectations
🏘️ Working through HOA concerns
📬 Managing documentation inconsistencies between parties

None of this shows up in flashy social media posts.

But this is the work that actually gets deals funded.



At TCW Capital Finance, we specialize in navigating the turbulence between application and closing.

Because the truth is:

Most deals do not fail because the borrower lacks vision.

They fail because nobody properly manages the friction points inside the process.

Anyone can quote rates.

Very few can lead a transaction through uncertainty.

That’s the real difference.

And after working through the nuances, clarifications, and negotiations across all parties…

✅ The borrower successfully closed their DSCR loan
✅ Transitioned the completed build into a long-term rental
✅ Preserved long-term upside and cash flow potential
✅ Added another successful ex*****on to their growing investment track record

This is why experience matters.

Not just in lending products…

But in anticipating problems before they become fatal to the transaction.

We’ve seen the turbulence.

We’ve worked through the turbulence.

And more importantly…

We know how to position investors through it before the turbulence even begins.

If you’re building, refinancing, stabilizing, or repositioning investment real estate and need strategic financing guidance…

Reach out anytime.

05/14/2026

We officially launched the TCW Capital Finance - Commercial Financing SolutionsRealtor Partnership Program — and the response has already been incredible.

In less than 24 hours since launch, we’ve already confirmed partnerships with over a dozen new real estate professionals nationwide looking to expand beyond traditional home buyers and grow their business through investor and commercial opportunities.

Because the reality is:
The agents growing the fastest right now are not limiting themselves to one-off residential transactions anymore.
They’re building relationships with:

🏘️ investors
🔨 fix & flip operators
🏗️ builders
🏢 commercial buyers
🌆 developers
And those relationships often lead to:
✅ repeat transactions
✅ recurring financing opportunities
✅ multi-state connections
✅ long-term deal flow

One strong investor relationship can easily turn into:
5… 10… even 20+ transactions over time.
At TCW Capital Finance, we help finance:

🏘️ rental properties
🔨 fix & flip projects
🏗️ construction loans
🏢 commercial real estate
🌆 development deals
💼 business-purpose financing

There’s:
✅ no cost to join
✅ no subscription
✅ no barrier to entry

You bring the opportunity — we handle the financing side.
If you’re a licensed real estate agent interested in expanding your opportunities, relationships, territory, and long-term income potential, use the link below to learn more and apply.

👇
https://api.leadconnectorhq.com/widget/survey/C9h1NoZ3Z1SwpGjCuXzg

When the Numbers Don’t Yet Tell the Story — But the Market Does📍 Reno, NV | Short-Term Rental Operator🏡 Cash Purchase → ...
05/02/2026

When the Numbers Don’t Yet Tell the Story — But the Market Does
📍 Reno, NV | Short-Term Rental Operator
🏡 Cash Purchase → Permanent Refinance
💰 $490,000 No-Ratio DSCR Loan

There’s a reality in lending that most investors run into at some point:

👉 The future makes perfect sense…
👉 But the present doesn’t qualify.

This deal was exactly that.

The borrower had acquired a short-term rental property all cash — a strategic move to secure the asset in a high-growth market.

The plan was straightforward:

• Stabilize the asset
• Capture appreciation
• Refinance into long-term permanent debt
• Recycle capital into the next opportunity

But when it came time to refinance…

❌ Most lenders said no.

Why?

Because they were looking at:

• Current rental income
• Short-term rental performance data
• Debt service coverage ratios below standard thresholds

From a traditional lens, the deal didn’t “work.”

But that’s the limitation of most underwriting.

It’s built to evaluate what is…
Not what’s forming.

And Reno is a market that requires a deeper lens.

This isn’t just another city.

This is a market driven by:

📈 Population migration from higher-cost states
💰 Affordability arbitrage compared to the broader West
🏗️ A $26B+ economic development pipeline
🌄 Lifestyle proximity to Tahoe and outdoor destinations
📊 A long-term shift in demand fundamentals

The borrower wasn’t guessing.

They were positioning.

But positioning doesn’t always fit inside conventional boxes.

And that’s where most deals die.



Instead of forcing this into a traditional DSCR structure…

We leveraged a No-Ratio DSCR Loan.

A product designed specifically for scenarios where:

• DSCR falls below ~0.75
• Income doesn’t yet reflect the long-term potential
• The borrower’s strength becomes the primary driver

Because in deals like this…

👉 The asset matters
👉 The market matters
👉 But the borrower matters most

And in this case, the borrower brought:

✅ Strong real estate experience
✅ Excellent credit profile
✅ Significant liquidity

That changed the conversation entirely.

This went from:

❌ “Insufficient income to qualify”
to
✅ “Strategic operator in a high-growth market with a clear ex*****on plan”



This is not a product for everyone.

And it shouldn’t be.

It’s specialized for a reason.

But for the right investor…

It unlocks opportunities that most lenders simply don’t have the ability — or foresight — to fund.

This borrower heard “no” repeatedly…

Until the structure matched the vision.



In today’s market, the gap isn’t always capital.

👉 It’s perspective.

We focus on structuring deals around where the asset and investor are going — not just where they stand today.

That’s the difference.

If you’re sitting on a deal that makes sense strategically but isn’t getting traction…

Reach out anytime.

Let’s structure it properly.

When a Builder Lost His Equity Partner — And the Deal Was Already Halfway Built📍 Union City, GA | Production Homebuilder...
03/23/2026

When a Builder Lost His Equity Partner — And the Deal Was Already Halfway Built

📍 Union City, GA | Production Homebuilder
🏗️ Horizontal + Vertical Development
💰 $3.2M Total Capital Stack

A common misconception in development financing is that deals fall apart because they’re too risky.

More often…

They fall apart because the structure no longer fits the capital behind it.

This situation is a perfect example.

A production homebuilder in Georgia had successfully completed multiple subdivisions over the past few years.

But there was one constant behind every deal:

👉 A long-time equity partner who provided the liquidity needed to close with traditional banks.

That structure worked — until it didn’t.

Due to unforeseen circumstances, that partner exited the picture entirely.

And timing couldn’t have been worse.

At that point, the builder had already invested:

• Hundreds of thousands into architectural plans
• Significant capital into land development
• Entitlement costs already in motion
• Project roughly 50% through horizontal progress

The deal wasn’t an idea.

It was already underway.

Now the builder was at a crossroads:

👉 Continue investing personal capital without guaranteed financing?
👉 Or sell the project to another developer and absorb the loss?

Most lenders weren’t solving the problem.

They were looking at it through a standard lens:

• No equity partner
• Incomplete horizontal development
• Increased ex*****on risk
• Capital gap between land development and vertical construction

And that’s where the conversation stopped.

But that wasn’t the full picture.

The issue wasn’t the deal.

It was the structure.

We approached this differently.

Instead of forcing a single capital solution…

We separated the deal into what it actually was:

🧩 Horizontal development (land + infrastructure)
🧩 Vertical construction (home builds)

Two different risk profiles.
Two different capital strategies.

The structure came together as:

• 62.5% LTC A&D refinance for remaining development
• 85% LTC on vertical construction
• Underwritten at 75% of ARV
• Blended rate under 10%

That shift changed everything.

The deal moved from:

❌ “Incomplete project with missing equity”

to:

✅ “Phased development with structured capital deployment”

The builder didn’t need to liquidate.

He didn’t need to stall.

He needed the right structure.

In today’s market, capital hasn’t disappeared.

It’s become more selective.

And selective capital doesn’t respond to pressure…

👉 It responds to structure.

This deal closed not because the situation was simple.

It closed because the complexity was understood — and then reorganized into something fundable.

More real deal breakdowns coming.





When a First-Time Developer Asked for Non-Recourse — And the Asset Made the Case📍 Bloomington–Normal, IL | Medical Offic...
02/14/2026

When a First-Time Developer Asked for Non-Recourse — And the Asset Made the Case

📍 Bloomington–Normal, IL | Medical Office Build-to-Suit
🏥 NNN Lease Structure
💰 $4.9M Construction-to-Perm | 75% LTC

One of the most common misconceptions in commercial lending is that lenders say “no” because a deal is too risky.

More often, they say no because it doesn’t fit their model.

This situation is a perfect example.

A group of Illinois construction professionals had spent years delivering multi-million-dollar healthcare projects for corporate operators. They understood medical specifications, timelines, subcontractor management, and budget control at a very high level.

What they had never done was own the development themselves.

When they stepped out to build their first independent medical office project, they assumed their track record in construction would translate into lender confidence.

It didn’t.

Here’s what banks focused on:

• No prior ownership history
• First-time developer
• Multi-million-dollar request
• Non-recourse requirement

Most traditional lenders stopped the conversation there.

From their perspective, it was a sponsor risk issue.

But that wasn’t the full picture.

This wasn’t speculative office in a weakening segment. It was a medical office build-to-suit structured under an NNN lease. That distinction matters.

In 2025, stabilized Class A medical office buildings continue to trade in the mid-6% cap range nationally, often tighter than generic office in secondary Midwest markets, which frequently approaches the high-7% range.

That cap rate differential reflects something fundamental:

• Stronger tenant durability
• Longer lease commitments
• Expense pass-through protection under NNN
• Healthcare demand that is less cyclical than traditional office

When you underwrite through that lens, the risk profile changes.

We structured the financing at:

• 75% Loan-to-Cost
• 7.25% construction rate
• 18-month construction term
• Conversion to 6.75% permanent financing
• 3.5-year term with 25-year amortization
• Non-recourse

The conversation moved from “first-time developer risk” to “institutional-grade healthcare asset with experienced ex*****on and defensible valuation.”

The construction team’s background wasn’t dismissed. It was reframed.

They weren’t inexperienced operators. They were seasoned healthcare builders stepping into ownership for the first time — with a durable asset class and lease structure supporting the capital stack.

That shift is what made the deal fundable.

In transitional markets, capital doesn’t disappear. It becomes selective.

And selective capital responds to assets with stable cap rate environments, strong lease structures, and realistic exit strategies.

This deal closed not because someone took outsized risk.

It closed because the underwriting focused on asset durability, market cap rate support, and ex*****on strength — not just sponsor résumé length.

That’s the difference between a declined file and a structured solution.

More capital market breakdowns coming.





Address

3343 Peachtree Road NE Ste 145-1396
Jonesboro, GA
30326

Opening Hours

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Tuesday 10am - 9pm
Wednesday 10am - 9pm
Thursday 10am - 9pm
Friday 10am - 9pm

Telephone

+18889384932

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