Commercial Construction Loans

Build Big. Finance Smarter

Fund ground‑up or renovation projects with commercial real estate construction loans — draw‑based, interest‑only financing tailored to your timeline and budget

Apply for a Loan
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What Is a Construction Loan?

A construction loan provides short-term financing to fund the cost of building, renovating, or expanding commercial properties. Funds are released in stages as construction milestones are met, keeping your project on track.

Our programs serve developers, business owners and real estate investors

Key benefits:

  • Icon Certainty of execution with a quick yes or no, but never a maybe
  • Icon Fast funding. Close quickly to seize time-sensitive opportunities
  • Icon Flexible terms. Short-term options tailored to your timeline
  • Icon Versatile use. Ideal for acquisitions, refinancing, or construction
  • Icon Conversion ready. Option to transition to permanent or SBA financing on completion

Construction Loan Rates and Terms

Rates and structures vary depending on loan type and borrower qualifications

Interest rates

1-Month Term SOFR + 4.50%–7.00%

AVANA Oaktree Private Credit Partnership

1-Month Term SOFR + 4.00%. Floor of 8.00%

AVANA-IHG Co-Lending Construction Program

LTV

Up to 75%

Based on up to 75% of “as-is” value or 70% of “as-stabilized” value

Loan amount

$5MM – $30MM

Available for stabilized, income-producing commercial properties

Loan terms

Up to 3 Years

Interest-only loans with annual extension options

Uses of proceeds

Construction

Financing available for hospitality construction projects

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Backed by Our Partnerships with Industry Leaders

Institutional‑grade construction financing through our partnership with Oaktree Capital and IHG Hotels. By collaborating with industry leaders, we accelerate funding processes, offer competitive rates, and create exclusive co-investment opportunities that empower our clients and investors alike

A Streamlined Process from Application to Funding

We make financing simple, transparent, and fast

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Step 1

Submit Application

Complete our online application form with basic information. Our team will review within 24 hours

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Step 2

Review

We’ll evaluate your documents and request any additional materials needed.

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Step 3

Approval & Terms

Once approved, we’ll present loan terms and structure a customized financing solution

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Step 4

Closing & Funding

Final documentation and closing procedures. Funds are typically disbursed within days of closing

Proven Success Stories

We’ve helped businesses across industries

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Featured Loan
Austin, Texas
February 27, 2026
Modern brick office building with large glass windows, surrounded by landscaped gardens and clear blue skies.
Featured Loan
Las Vegas, Nevada
September 30, 2024
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Featured Loan
Moss Point, Mississippi
October 24, 2024

Our team

Our team has a longstanding history of solving complex problems

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Sanat Patel

Chief Lending Officer

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Steven Ellsworth

EVP of Portfolio Management

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Kristine Sanchez

Customer Success Manager

Frequently Asked Questions

Find answers to common questions

We finance ground-up builds, expansions, and renovations for experienced sponsors across hospitality (including branded hotels), industrial/warehouse, medical office, self-storage, and select retail. Projects must have a clear business plan, vetted budget, and path to stabilization.

Typical loans range from $5M–$30M, with leverage up to ~70–75% of cost or value, and up to 3-year terms (often interest-only with extension options). Rates are floating over SOFR, sized to risk, asset type, and sponsor strength.

From signed LOI, plan on ~45 days to close, driven by third-party reports (appraisal, environmental, PCA). After closing, funds are advanced through draws tied to completed work, supported by inspections and lien waivers.

Yes. Many sponsors line up a take-out (SBA 504 or conventional perm) before shovels hit the ground. We can structure to the expected exit and help time third-party reports to reduce rework.

Through the AVANA Oaktree Private Credit Partnership, borrowers can access custom bridge or construction financing between $5MM and $30MM, typically structured as interest-only loans for up to 3 years plus annual extensions, at rates of approximately 1-Month SOFR + 4.50%–7.00%, depending on asset type and risk profile. This program offers institutional capital and flexible structures for experienced commercial real estate sponsors.

The AVANA–IHG Co-Lending Program provides tailored financing for IHG-branded hotel construction, with loan amounts from $5MM to $30MM, terms up to 3 years plus extensions, and rates starting around 1-Month SOFR + 4.00% (floor of 8.00%). Loans are typically interest-only, secured by a first mortgage, and limited to the lesser of 75% of as-is value or 70% of as-stabilized value.

Industry insights

Market insights that keep you ahead

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