Construction & Land Financing
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Catalyst Private Credit > Construction & Land Financing
Catalyst funds land and construction for experienced developers who need a lender that moves with the project schedule and understands the realities of building in Western Canada.
Projects we finance. Our construction book includes infill residential, townhome and row-house projects, small and mid-size apartment buildings, and light industrial or commercial builds. We also fund land acquisition and servicing in advance of construction where the entitlement path is clear. We work best with builders who have completed comparable projects and who bring meaningful equity to the table.
How draws work. After the initial advance, funds are released in draws against certified progress. A quantity surveyor or cost consultant confirms work in place and cost to complete, and we release funds within days of certification. Interest can be capitalized into the facility so the project is not burdened with cash interest during construction, and we plan the takeout with a conventional lender or a sale from the outset.
- Land acquisition and servicing loans
- Construction draws certified by a cost consultant
- Interest reserve and capitalized interest options
- Residential infill, townhome and multi-family
- Light industrial and commercial builds
- Takeout planning with conventional lenders
A cost consultant certifies work in place and cost to complete each month, and funds are released within days of certification.
Yes. An interest reserve or capitalized interest keeps the project from paying cash interest during construction.
Builders who have completed comparable projects and bring meaningful equity. We will also look at the consultant team and the realism of the schedule and budget.
Have a transaction that needs certainty and speed? Talk to the Catalyst credit team about how we would structure it.
