“Sky 18 Capital reviewed our deal quickly and gave us clear terms from the start. Their communication made the entire lending process feel simple and organized.”
Program 03 — Ground-Up Construction
Ground-Up Construction Loans
Ground-Up Construction Loans
for Builders & Investors
Sky 18 Capital reviews construction lending scenarios on a per-project basis. Whether you're a builder, developer or real estate investor planning a new build, our ground-up program is built around the project's scope, timeline and exit strategy.
What this loan
can help fund
Common ground-up scenarios that Sky 18 Capital reviews on a per-project basis. Descriptions below remain pending content approval and are preserved as placeholders.
Land or Site Acquisition
[Pending content approval]
Vertical Construction
[Pending content approval]
Construction Budget Support
[Pending content approval]
Draw-Based Project Funding
[Pending content approval]
Ground-up construction loan
rates and terms
The figures below are published guidelines. Final terms always depend on the project, borrower profile, documentation, market conditions and underwriting review.
| Term | Detail |
|---|---|
| Rates | 8.99% – 11.99% |
| Loan Amount | $2M – $10M |
| Property Types | SFR, 1–4 units, condos, townhomes, commercial properties, land |
| LTC / LTV | 80% LTC or 65% ACV |
| Term | 12 – 24 months |
| Payments | Interest-only |
| Interest Type | Non-Dutch |
| Min FICO | 600+ |
| Occupancy | Non-owner-occupied |
| Service Area | Available for domestic and international borrowers |
Note: Published rates, terms and guidelines are subject to review and are not guaranteed. Sky 18 Capital lends to non-owner-occupied investment properties only.
Why builders and investors
choose Sky 18 capital
01
Builder and Developer Focus
Programs designed for builders, developers and real estate investors working on eligible ground-up construction projects.
02
Project-Focused Lending Review
Each construction scenario is reviewed based on the project scope, construction budget, borrower profile and timeline.
03
Draw-Based Funding Conversation
Funding is structured around draw schedules as construction progresses, reviewed and discussed before closing.
04
Direct Lending Conversation
A direct, transparent process with clear communication throughout the construction loan review and funding.
Client Feedback
What builders say
What builders say
about working with Sky 18
“We had a time-sensitive investment property and needed a lender who could move fast. Sky 18 helped us stay on schedule and close with confidence.”
“As a referral partner, I appreciate lenders who are responsive and direct. Sky 18 Capital takes the time to understand the deal and keeps everyone informed.”
“The team was professional, transparent and supportive from the first call through closing. We always knew what was needed and what came next.”
How the ground-up construction
loan process works
-
1
Submit the Project
Share project details, scope and timeline.
-
2
Project Review
We review the project, budget and borrower profile.
-
3
Discuss Terms
If aligned, possible structure and draw schedule are discussed.
-
4
Prepare for Closing
Submit plans, permits and supporting documentation.
-
5
Draw Schedule & Funding
Funding follows the agreed draw schedule as construction progresses.
Ground-up construction
loan requirements
A practical list of items reviewed for a ground-up construction scenario at Sky 18 Capital.
Property or Site Details
Address, lot info and site condition.
Project Scope
Scope of construction work to be completed.
Construction Budget
Detailed budget for the construction project.
Plans & Permits
Approved plans, permits and supporting documents.
Borrower or Entity Details
Personal or entity profile and credit authorization.
Timeline & Exit Strategy
Target completion timeline and project exit plan.
Insurance & Closing Details
Construction-period insurance and title/settlement contact information.
FAQs
Frequently asked
Frequently asked
questions
Answers about Sky 18 Capital's ground-up construction lending.
Builders, developers and real estate investors working on eligible ground-up construction projects.
Published guidance shows loan amounts may go up to $10M for eligible scenarios. Final amount depends on the project, borrower profile and underwriting review.
Ground-up construction loans are typically structured around a draw schedule as construction progresses, rather than a single up-front disbursement. The draw schedule is reviewed and agreed on before closing.
Property or site details, project scope, construction budget, plans and permits, borrower/entity details, timeline and exit strategy, and insurance and closing details.
No. Published rates, terms and guidelines are subject to review and are not guaranteed. Final terms depend on the project, borrower profile, documentation, market conditions and underwriting review.
Explore other private
lending programs
Contact Us
For any inquiries,
For any inquiries,
please call or email us
- +1 (305) 705-4434 Call us
- +1 (786) 280-9650 Alternate line
- [email protected] Email us
- 1108 NE 125th St, Unit 202 North Miami, FL 33161, USA