Commercial Construction Loan

Building from the ground up takes vision, execution, and capital. QuadBlock Capital provides commercial construction loans from $5 million to $30 million for ground-up development, construction completion, and mid-construction financing. We work with both experienced developers and first-time builders who bring strong teams and viable projects to the table.

Our Approach to Construction Lending

Most institutional construction lenders won’t look at a deal unless the sponsor has a 20-year track record and $50 million in net worth. That leaves a massive gap in the lower middle market, where capable builders with strong projects can’t find capital that matches their needs. QuadBlock underwrites the project and the team, not just the resume.

We’ve financed ground-up construction in markets ranging from Hawaii to South Florida — including a $1.2 million ground-up project in Kamuela, Hawaii for a first-time builder, and multiple luxury SFR projects in Delray Beach, Florida. Our underwriting focuses on the feasibility of the business plan, the strength of the general contractor, and the depth of the local market.

Loan Terms

• Loan Amount: $5,000,000 – $30,000,000
• Term: 12–36 months (construction period + stabilization)
• LTC: Up to 85% loan-to-cost
• Structure: Interest-only, funded through draw schedule
• Types: Ground-up construction, construction completion, mid-construction takeover
• Geography: Nationwide (excluding CA, AZ, NV, UT, OR, ND, SD)

Who We Lend To

• First-Time Builders with Strong Teams: A first-time developer in Hawaii assembles an experienced GC, architect, and project manager. Despite no personal development track record, the team’s combined experience and the project’s feasibility justify the loan. QuadBlock provides first-time builder construction financing where traditional lenders see only a blank resume.
• Mid-Construction Takeover: A developer’s original lender pulls out mid-project due to internal portfolio issues. The project is 60% complete with a viable path to completion. QuadBlock steps in with a high-leverage mid-construction takeover loan, funding the remaining build and preventing a costly project stall.
• Luxury Ground-Up Development: A sponsor is building three luxury single-family residences in Delray Beach, Florida. QuadBlock provides luxury single-family ground-up construction loans with structured draw schedules tied to construction milestones, giving the builder predictable capital throughout the project.

Why QuadBlock for Construction Financing

Construction lending requires a lender who understands draw schedules, inspections, contingency management, and the realities of getting a building out of the ground. QuadBlock brings that expertise to the lower middle market, where many lenders treat construction as too risky or too complex. We see it as an opportunity to back strong teams building real assets in growing markets.

Our construction completion loan program is particularly valuable for projects that have lost their original lender mid-build — a common occurrence in volatile rate environments. If your project is viable and your team is capable, QuadBlock can step in and get it across the finish line.

Specialized Construction Programs

QuadBlock’s construction lending platform includes several specialized programs. Our condo construction completion financing is designed for projects that need capital to finish units and begin closings. For luxury single family ground up construction projects, we structure draw schedules that align with the premium materials and extended timelines these builds require — as demonstrated by our Delray Beach portfolio. Sponsors needing a high leverage mid-construction takeover loan can access up to 85% LTC for viable projects that have lost their original financing. And our first time builder construction financing program evaluates the team’s collective capabilities, not just the sponsor’s personal resume, opening the door for capable new developers to get their projects funded.

Frequently Asked Questions

Can first-time builders get a commercial construction loan?

Yes. QuadBlock evaluates the entire development team — general contractor, architect, project manager — not just the sponsor’s personal track record. First-time builders with experienced teams, strong feasibility studies, and adequate equity can qualify for construction financing.

What is a mid-construction takeover loan?

A mid-construction takeover loan provides financing to complete a project that has lost its original lender. This can happen when a bank fails, tightens its construction book, or the original loan matures before the project is complete. QuadBlock evaluates the remaining scope, budget, and timeline to structure a completion loan.

How does the draw schedule work?

Construction loans are funded in stages (draws) tied to construction milestones. As the builder completes each phase — foundation, framing, mechanicals, finishes — they request a draw, the lender inspects the work, and funds are released. This protects both the borrower and lender by ensuring capital matches progress.

What types of construction projects does QuadBlock finance?

QuadBlock finances multifamily, single-family, mixed-use, and commercial construction projects from $5M to $30M. This includes ground-up builds, construction completion, and mid-construction takeovers across all major property types.