Strategies/Construction Loans

Construction Loans

First-mortgage construction financing for multifamily, condominium and mixed-use projects, from a lender that underwrites in-house.

$2.5B+
Closed nationwide with affiliates
In-house
Underwriting and loan decisions
National
Lender, with loans in every state
The short answer

What is a Bravo Property Trust construction loan?

A senior, first-mortgage loan that funds the building of a new multifamily, condominium or mixed-use project. Bravo Property Trust underwrites it in-house and plans the exit from day one, whether that is a sale, a refinance or a HUD-insured permanent loan through its MAP and LEAN approved affiliate, Bravo Capital.

Who it's for

What projects does BPT finance?

Three kinds of construction lending, all from the same credit team.

Rental

Multifamily construction

Class A rental buildings, from mid-rise to high-rise, including ground-floor retail.

For sale

Condominium construction

Condominium towers, including construction and land loans for the site.

Capital stack

Paired with mezzanine

A Bravo mezzanine loan can sit behind the construction loan, underwritten by the same team, with one timeline and one closing.

Track record

What construction projects has BPT financed?

$169.3M
Senior construction loan for a 477-unit Class A rental building with ground-floor retail
Journal Square · Jersey City, NJ
$170M
Construction and land loan for a 134-residence condominium tower
Edgewater · Miami, FL
$125M
Construction financing for a 185-residence tower
Pearl Street, DUMBO · Brooklyn, NY
$68M
Senior construction loan for a 180-unit waterfront development
Waterwalk · Bayonne, NJ
$65M
Senior construction loan for a 15-story, 218-unit mixed-use building
Route 440 · Jersey City, NJ
$36.75M
Senior construction loan for a multifamily project
Amsterdam Avenue
Common questions

Construction loans: what borrowers ask

Does Bravo Property Trust make construction loans in New Jersey?

Yes. BPT has financed construction in Jersey City and Bayonne, including a $169.3 million senior construction loan for 477 units at Journal Square. It is a national lender and makes loans in every state.

Does BPT finance condominium construction?

Yes. In Miami's Edgewater, BPT provided a $170 million construction and land loan for a 134-residence condominium tower.

Can a construction loan be combined with mezzanine?

Yes. Mezzanine financing is often combined with a Bravo Property Trust bridge or construction loan. One underwriting team handles both loans, with unified terms, timeline and closing.

What happens when construction is finished?

The loan is planned around its exit from day one. For rental buildings, that can be a HUD-insured permanent loan (223(f) or 221(d)(4)) processed by affiliate Bravo Capital, which is MAP and LEAN approved.

Who makes the lending decision?

BPT underwrites in-house. A senior member of the team reviews every request, and term sheets come in days, not weeks.

How do I submit a construction deal?

Send the basics through the Contact page or call +1 (212) 258-1000. BPT is at 780 Third Avenue, New York, NY 10017.

Have a project in mind?

Speak directly with a decision-maker about construction, bridge or mezzanine financing.

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