November 15, 2018

First Continental Investments

The First Continental program provides capital to fund senior mortgages to homebuilders in the residential lot acquisition and development space through a joint venture with First Continental Investment Company. The program focuses on experienced borrowers, with projects in the Southern and Western U.S. Senior mortgages typically max out at 75{95cf61970774715afb333bd188ace9dfd2811e42516c99cbeb9a3cc2d7537e04} loan to cost, have a short-term duration, and include floating interest rate payments.