New York Build to Rent New Construction Loans
Build to Rent Construction Lender in
New York
CoreVest Finance partners with experienced real estate investors on medium to large scale build to rent new construction projects for single family rental properties throughout
New York. Build to Rent loans allow developers to access up to 70% LTC for a construction loan. CoreVest Finance provides flexible milestone draws, which allows both teams to execute capital on a set schedule. The real estate market in
New York is on a steady upward trend and CoreVest wants to be your next new construction partner.
Build to Rent Financing refers building new construction solely on the purpose of renting out all the units. There is a strong need for entry-level housing for renters as they look to escape the aparment living and move into a step up SFR home. As housing pricing grows higher and higher, the affordability of new homes becomes harder to achieve. Build to Rent construction allows a new entrypoint into comfortable single family rental living.
CoreVest actively lends build to rent new construction loans for single family rental properties throughout New York.
Build to Rent
- New SFR construction loan + term loan
take out financing - $3M – $50M
- Up to 70% LTC construction loan and
70% LTV term loan - 12-24 month term construction loan
5 or 10 year term loan - Floating rate construction loan and
fixed rate term loan - Flexible milestone draws for construction loan
- Non-recourse carve-out with
completion guaranty - Nationwide lending
Why Partner with CoreVest to Fund Your Build to Rent Project?
Experienced – we know your business.
We have partnered with thousands of borrowers to finance residential investment properties across the nation.
Efficient – we get the deal done.
Our streamlined closing process and dedicated support allows you to focus on your business, not our paperwork.
Efficient – we get the deal done.
Our streamlined closing process and dedicated support allows you to focus on your business, not our paperwork.
Together We Grow
CoreVest continues to grow with our borrowers and remain active participants in the industry
