Seeking Specialized Non-Conventional Bridge Loan for High-Value Construction Projects

[Andrea Beard]

I'm assisting a contact who’s looking for a short-term, 12-16 months, non-conventional loan to fund a high-end construction project in The Woodlands, TX—one of the most desirable areas, as noted by Forbes. They’re developing six to nine multi-million dollar homes and need around $2 million to bridge the gap until the next funding draw, as conventional lenders won’t fund it without hard assets to secure. Does anyone know of any private, mom-and-pop, or non-traditional lenders open to projects of this type?