Land + Development
Capital before construction begins.
Land and development opportunities require a financing strategy that accounts for more than today's property value. East Towne Capital evaluates the acquisition basis, entitlement status, site plan, development budget, borrower experience, project timeline, future construction strategy, and ultimate exit.
Relevant Situations
Where this capital applies
What We Evaluate
The transaction, not just the request
East Towne Capital looks beyond the surface to understand how the financing fits the overall transaction.
- Land purchase price
- Current land value
- Acres
- Zoning
- Entitlement status
- Permits
- Approved lots / units
- Development budget
- Horizontal / infrastructure budget
- Sponsor equity
- Capital invested to date
- Sponsor experience
- Requested capital
- Projected value
- Construction strategy
- Exit strategy
Qualification
Minimum Credit Score
Minimum Credit Score: Generally 660–680+
Credit requirements vary by capital source, transaction, and loan program. Additional underwriting requirements may apply.
Minimum credit score is one qualification factor. Additional underwriting requirements apply. Meeting the minimum credit score does not guarantee approval, terms, or funding.
Indicative Financing Parameters
Parameters structured around the transaction
Shown to illustrate the range East Towne Capital evaluates. Actual structure depends on the transaction, borrower, property, market, and current program availability.
Loan Amount
Transaction specific. Contact East Towne Capital for current parameters — no universal minimum or maximum is published.
Potential Transactions
Land acquisition, entitled land, pre-development, site development, horizontal development, lot development, residential infrastructure, and residential development.
Sponsor Experience
Sponsor experience and capital invested to date are weighed alongside the development budget and exit strategy.
Exit Strategy
Construction takeout, sale of entitled land or lots, or another approved exit consistent with the development plan.
Credit
Generally 660–680+, depending on the capital source and financing program.
Financing parameters are indicative and subject to current program availability, borrower and property eligibility, underwriting, due diligence, documentation, market conditions, and applicable capital-source requirements. Information shown does not constitute an approval or commitment to lend.
Pricing + Cost Considerations
Look beyond the rate
The interest rate is one part of the economics of a transaction. East Towne Capital evaluates the complete financing structure so borrowers can understand the potential cost of capital before moving forward.
Interest Rate
Current pricing available by request.
East Towne Capital Fee
Varies by transaction and financing structure.
Capital Source Origination / Financing Fee
Separate from East Towne Capital's fee; varies by financing structure and applicable program.
Third-Party Costs
Transaction dependent.
Prepayment
Program dependent.
Extension Provisions
May apply depending upon financing structure.
Other Transaction Costs
May apply.
Development Financing Cost Considerations
Land and development financing should be evaluated based on the entire project capital structure rather than interest rate alone.
East Towne Capital LLC fees, when applicable, are separate from any origination fees, points, underwriting fees, commitment fees, or other charges assessed by the applicable capital source. A transaction may also involve independent third-party expenses, including appraisal, legal, title, settlement, inspection, environmental, engineering, insurance, recording, and other due-diligence costs. East Towne Capital's fee is due only upon the successful closing of your loan. No fee is payable in advance, and if your loan does not close, no East Towne Capital fee is due. At closing, the applicable fee is disclosed and paid as part of the closing transaction and reflected on the applicable closing statement (HUD-1 or closing disclosure), separate from lender and third-party charges. The fees and expenses applicable to a particular transaction depend on the financing structure, property, borrower or sponsor, and program requirements and will be identified as applicable during the financing process. Rates, fees, terms, and program availability are subject to change. Information presented on this website does not constitute an approval or commitment to provide financing.
Fee Disclosure
FEE DISCLOSURE: East Towne Capital LLC may charge fees in connection with arranging, structuring, or facilitating a financing transaction. East Towne Capital's fees are separate from and in addition to any origination points, underwriting fees, commitment fees, administrative charges, or other financing costs imposed by the applicable capital source. East Towne Capital's fee is due only upon the successful closing of your loan; no fee is payable in advance, and if your loan does not close, no East Towne Capital fee is due. When applicable, the fee is collected at the closing table and disclosed and paid as part of the closing transaction on the settlement statement (HUD-1 or closing disclosure). Independent third-party costs, including appraisal, legal, title, settlement, insurance, environmental, engineering, inspection, recording, and other due-diligence expenses, may also apply. Actual rates, fees, costs, and financing terms vary by transaction and are subject to applicable program requirements, underwriting, due diligence, documentation, market conditions, and final approval. Nothing contained on this website constitutes an offer, approval, commitment to lend, or guarantee of financing.
Common Questions
Questions about land + development
Can East Towne Capital evaluate land acquisition?
Yes — land acquisition is among the transactions East Towne Capital evaluates, subject to program, entitlement status, and sponsor qualification.
Does entitlement status matter?
Yes. Entitlement status, zoning, and permits materially influence structure and leverage. Entitled land generally supports different terms than raw land.
What information is needed for a development transaction?
Land basis or value, acres, zoning, entitlement status, permits, approved lots or units, development budget, sponsor equity and experience, requested capital, projected value, and exit strategy.
How is sponsor experience considered?
Sponsor experience and capital invested to date are reviewed alongside the development budget and exit to assess whether the structure fits the transaction.
Turn Your Development Vision Into the Next Opportunity.
Tell us about the land, development plan, and capital requirements. East Towne Capital will evaluate the transaction and explore financing options aligned with your strategy.
Minimum Credit Score: Generally 660–680+
Credit requirements vary by capital source, transaction, and loan program. Additional underwriting requirements may apply.
No upfront East Towne Capital fee. Our fee is due only when your loan successfully closes. If your loan does not close, no East Towne Capital fee is due.