CRE Financing | UMTB USA | CA, FL, NY

Commercial Real Estate Financing

Crane at construction site. Blue sky in background.

Construction Financing for Real Estate Developers

Flexible short-term capital for ground-up multifamily and commercial developments.

Actively funding projects in California, Florida, and New York.

 

Commercial construction loans provide experienced sponsors with the capital and flexibility needed to move projects from land acquisition and site preparation through vertical construction and completion.

How can we help you?

 

Construction Loan Features

Our construction financing solutions allow developers to:

  • Cover land purchase, site prep, and construction costs on new, multi-family projects.
  • Disburse funds to align with set construction phases.
  • Make interest-only payments on your balance.
  • Work with our lenders for long-term financing solutions after your project is complete.

 

Ryan Park

About UMTB USA

UMTB USA is a commercial bank focused on supporting businesses and experienced real estate developers with flexible financing solutions.

Headquartered in California and active nationwide, our team works closely with developers and sponsors to structure capital that helps projects move from acquisition through construction and completion.

UMTB USA brings the strength of Mizrahi-Tefahot Bank Ltd., Israel’s fastest-growing banking group, into the heart of the U.S. economic landscape. Backed by a rock-solid financial institution with global outlook, we’re here to show you the difference a team of smart, driven, and innovative bankers can make.

Federally insured and regulated by the California DFPI and FDIC, we combine institutional stability with a responsive, relationship-driven approach to commercial banking.

 

Frequently Asked Questions

The total amount you can borrow depends on your specific financial situation and project. Your lender will take a number of financial ratios and circumstances into consideration when evaluating your application, including the success and scale of your prior projects, your LTV (loan-to-value) and LTC (loan-to-cost) ratios, projected construction costs, your cash reserve funds, and your debt-service coverage ratio (debt payments vs. income). Your UMTB lender will work with you one-on-one to determine your qualification.

Working with you and your builder, we will create a construction loan draw schedule for incremental payments (draws), paid to your builder over the course of your project and tied to specific project phase completion milestones. Final payments will not be disbursed until the project is completed to everyone’s satisfaction, helping to encourage a timely, quality effort.

  • $3.7 Million | Refinance | Multi-Family | Los Angeles, California
  • $30 Million | Syndication Construction Loan | Multi-Family | Brooklyn, New York
  • $30 Million | Syndication Construction Loan | Multi-Family | Davie, Florida
  • $50 Million | Syndication Construction Loan | Data Center | Cedar Creek, Texas
  • $41 Million | Syndication Construction Loan | Data Center | Sterling, Virginia