Pronghorn
Bennett, CO
$5,568,422
10 Homes & 21 Lots
Construction Financing

LFB Ventures was approached by a client looking for construction financing to refinance an existing land loan, build 10 homes and remap an additional 17 lots into 21 lots. The subject property is the second phase of a much larger planned community that will have nearly 200 homes upon final build out which LFB will be financing on a rolling basis.

The loan was structured to retire an existing land loan, set up a holdback for the construction of 10 homes, and a soft cost allowance for the engineering and replating of 17 lots in to 21 lots. The homes average 2,300 square feet in size and will sell in the high $600,000 range.

More Transactions

Escena Master Plan
$9,450,000
Acquisition Financing
Palm Springs, CA
Tilden Townhomes
$7,061,082
5-unit Luxury Townhome Development
Refinance & Construction Financing
Culver City, CA
Cleveland Crossing
$7,085,643
Development and Construction Financing
Woodburn, OR
LFB_Icon_Bird_Color

stay in touch

Today's Rates


This will close in 0 seconds