Featured case study

$8M construction loan: Surfside spec residence

Ground-up financing for an 8,500-square-foot spec residence — closed in 20 days.

Loan amount
$8,000,000
Loan type
Ground-up construction
Position
First lien
Days to close
20
Project
8,500 sq ft spec residence
8,500 sq ft spec residence in Surfside

01

The transaction

A luxury Surfside specialist was ready to break ground on an 8,500-square-foot spec residence in one of South Florida's most sought-after beachfront communities. Construction capital had to be in place to keep the project on schedule.

02

The challenge

The sponsor needed a lender able to evaluate both the current collateral and the completion plan while keeping the construction schedule intact.

03

Matchpoint’s analysis

Matchpoint reviewed the site, sponsor experience, project scope, remaining budget, draw mechanics, and first-position downside protection.

04

The structure

$8 million of first-position construction financing with draws structured to follow verified project progress.

05

Execution

An $8 million first-position construction loan, closed in 20 days, with a draw structure built to keep pace with the build. The sponsor broke ground on time.

The result

The loan closed in 20 days and the sponsor broke ground on schedule.

Your deal

Bring us the next transaction.

Ground-up construction, acquisition, or refinance — $1M to $100M+. Term sheet within 24 hours.