Financing Solutions — Construction Loans
Construction Financing for Ground-Up Commercial Real Estate Projects
Advisory-driven financing solutions for multifamily, mixed-use, industrial, hospitality, townhome, and land development projects across Texas and the Southeast.
Financing Overview
Sourcing & Structuring Construction Capital
Nortex Commercial Finance works with developers and sponsors to identify, structure, and source construction financing through our network of banks, credit unions, debt funds, and private lenders active in Texas and the Southeast. We are not a direct lender — our role is advisory and placement.
Construction financing is among the most complex capital structures in commercial real estate. Lender appetite, underwriting standards, and draw requirements vary significantly by asset class, market, and sponsor profile. We help sponsors navigate that complexity and present their projects to the lenders most likely to execute.
We work across a range of construction financing structures, including senior construction loans, bridge-to-construction structures for projects that need interim capital before a construction lender is in place, phased development financing for larger or multi-phase projects, horizontal and vertical financing for land development and vertical construction, and recapitalization and refinance strategies for projects already underway.
Financing Structures We Source
Senior Construction Loans
First-lien construction financing from banks, credit unions, and debt funds. Typically structured with interest reserves, draw schedules, and completion guarantees.
Bridge-to-Construction
Short-term bridge capital for sponsors who need to close on land or begin pre-development work before a construction lender is in place.
Phased Development Financing
Structured capital for multi-phase projects where each phase may require separate financing or a lender with experience in phased draw structures.
Horizontal & Vertical Financing
Separate financing structures for land development (horizontal) and vertical construction — common in townhome, BTR, and subdivision development.
Recapitalization & Refinance
Restructuring or refinancing for projects already underway — including cost overruns, lender exits, or maturity extensions.
Typical Deal Parameters
What Lenders Generally Look For
The parameters below reflect general market conditions for construction lending in Texas and the Southeast. Actual terms vary by lender, asset class, market, and sponsor profile. These are provided for orientation purposes only — not as a guarantee of terms.
Loan Characteristics
Sponsor & Project Considerations
Asset Types Supported
Financing Across Commercial Asset Classes
Multifamily
Garden-style, mid-rise, and high-rise apartment development. One of the most active construction lending categories in Texas.
Mixed-Use
Retail-over-residential and office-over-retail structures. Lender appetite varies — we identify capital sources comfortable with mixed-use underwriting.
Industrial
Warehouse, distribution, flex, and light manufacturing. Strong lender appetite in Texas driven by logistics and e-commerce demand.
Hospitality
Select-service, extended-stay, and boutique hotel development. Requires lenders with hospitality-specific underwriting experience.
Townhome Development
For-sale and build-to-rent townhome communities. Horizontal and vertical financing structures available depending on project phasing.
Land Development
Entitled and unentitled land acquisition, horizontal infrastructure, and pre-development financing for residential and commercial projects.
Self-Storage
Climate-controlled and traditional self-storage development. Active lender market in Texas with strong absorption fundamentals.
Other Asset Types
Senior housing, medical office, student housing, and other specialty asset classes — contact us to discuss your project.
Advisory Process
From Initial Review to Closing
Initial Review
We review your project details — loan type, deal size, asset class, location, timeline, and sponsor background. We respond within two business days with initial feedback.
Structuring & Packaging
We work with you to structure the financing request and prepare a lender package that presents your project clearly — including sources and uses, project timeline, and sponsor experience.
Lender Outreach
We present your deal to the lenders in our network most likely to execute on your specific asset class, market, and deal size. We manage the process and negotiate on your behalf.
Execution & Closing
We coordinate due diligence, documentation, and closing — staying engaged through every stage until funds are disbursed. Our fee is success-based at closing.
Request a Consultation
Request Financing Consultation
If you are evaluating construction or transitional financing options, we would like to hear about it. Share your financing needs and we will respond within two business days with initial feedback and a proposed advisory approach.