Construction Loan Ground-Up and Heavy Valuel-Add |
Property Types | Industrial, Mixed use, Multi Family, Special-Use, Warehouse |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $5,000,000 |
Loan amount Maximum | $50,000,000 |
Updated as of | 2022-01-01 |
Bridge Loan Commercial Property |
Property Types | Industrial, Mixed use, Multi Family, Special-Use, Warehouse |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $5,000,000 |
Loan amount Maximum | $50,000,000 |
Lien Position | 1st |
Updated as of | 2022-01-01 |
Bridge Loan Entitled Land |
Property Types | Land Entitled |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $5,000,000 |
Loan amount Maximum | $50,000,000 |
Lien Position | 1st |
Updated as of | 2022-01-01 |
Summary of all Guidelines |
Loan Types | Bridge Loan, Construction Loan, Rehab Loan |
Property Types | 2-4 Units, Industrial, Land Entitled, Mixed use, Multi Family, Office, Retail, SFR, Special-Use, Warehouse |
Lendding Area | alabama, arkansas, colorado, connecticut, delaware, florida, georgia, kentucky, louisiana, maine, maryland, massachusetts, mississippi, new-hampshire, new-jersey, new-york, north-carolina, pennsylvania, rhode-island, south-carolina, tennessee, texas, vermont, virginia, washington-dc, west-virginia |
Loan amount Minimum | $5,000,000 |
Loan amount Maximum | $50,000,000 |
Interest Rate Minimum | 8% |
Points Minimum 1st TD | 1 |
Points Maximum 1st TD | 3 |
Terms | 3 years |
LTV Bridge | 85 |
LTC Construction | 85 |
ARV Rehab & Construction | 75 |
LTC Rehab | 100 |
Percentage of Budget Financed - Rehab | 100 |
LTC Percentage of Budget Financed | 100 |
JLJ Capital provides alternative financing solutions for bridge-lending, acquisitions, ground-up construction, short-term refinancing, mortgage takeout, partner buyout, and other real estate projects.
Since its inception in 2017, JLJ Capital has reached approximately $400MM in AUM with a track record of 99% repayment rate from our borrowers. With the launch of our new open-ended mortgage REIT platform and separate managed accounts, we are continuing to scale and ramp up our loan portfolio.
JLJ Capital is located in Pine Brook, New Jersey. They offer financing for Bridge Loans, Construction Loans and Rehab Loans. The property type they primarily lend against is SFR, Multi Family, Office, Industrial, Retail, Mixed use, Land Entitled, Special-Use, Warehouse and 2-4 Units. Their minimum loan amount is $5,000,000. Their maximum loan amount is $50,000,000. They offer loans for a minimum Term of 1 year. Maximum duration of 3 years. Although rates can change they are typically lending at a minimum rate of 8%. Points charged are deal specific, but historically have charged a minimum of 1. Maximum points charged are 3.
These descriptions are limited information and meant for general reference purposes.