Recently Funded Ground-Up Construction Loan In Lafayette, California

Loan Scenario:

American Heritage Lending funded a $2,165,417 ground-up construction loan to build a single-family home in Lafayette, California, for a borrower with two verified ground-up projects already completed and exited. The deal pairs an $875,000 land basis with a $1,676,300 construction budget against a $4,650,000 after-construction value. Structured as a True Zero Point loan, we financed it at 85% loan-to-cost and a comfortable 46.57% of completed value on an 18-Month Interest-Only term, giving the project the runway a custom build demands.

The scope is a full vertical build. It starts with plans and permits, utility connections for electric, sewer, water, and gas, then survey, stakeout, and inspection, excavation and backfill, concrete and gravel, and grid work. From there the structure rises through lumber delivery, TJI and truss engineering, framing, stairs, and windows. The borrower is partnering with a general contractor who brings heavy luxury-renovation experience, and our staged draw schedule funds each milestone as it is inspected, keeping capital disciplined through to the sale exit.

Lafayette is one of the East Bay’s most sought-after addresses, a wooded, hillside community in Contra Costa County with direct BART access to Oakland and San Francisco. Highly rated Acalanes-area schools, larger lots, and a quieter pace draw affluent Bay Area professionals who want space without giving up the commute, and chronically thin housing supply supports premium values. New luxury product in this market meets deep, motivated demand.

Deep equity behind the completed value and an experienced sponsor made this high-value build a confident yes.

Similar Recently Funded Case Studies: Fix & Flip Loan in Newbury Park, CA  •  Ground-Up Construction Loan in Memphis, TN  •  Ground-Up Construction Loan in Kinston, NC

Additional Images