This month's featured loan is a ground-up single-family construction project in Richland, WA – a strong example of how Cascara Capital structures vertical construction financing to give borrowers the leverage they need to build and deliver a clean exit.
Cascara Capital funded this Richland ground-up construction project at $482,000, structured at 75% LTV and 86% LTC with a 9-month term. The borrower completed the build and sold the finished home for $641,000, a strong outcome that reflects both solid execution on the build and healthy demand in the Richland market. It's a clear example of how the right vertical construction loan gives a borrower the runway to build with confidence and deliver a clean exit.