LFB Ventures was reengaged by a client seeking financing within a 65 estate lot, 277-acre subdivision in the foothills of San Dimas, CA.  This, the fourth round of financing, added 3 production homes ranging from 4,700 to 6,200 square feet with a number of options available making these homes semicustom in design.  Strengthening the request is the fact that all 3 homes have been presold.

Earlier rounds of financing in October 2021, May 2022 and May 2023 capitalized both vertical starts and banked finished lots.  Based on the sophistication of the client and rate of development, LFB Ventures has begun underwriting this client for a larger credit facility offering more competitive cost of capital and flexibility in loan term.