Construction financing

Construction loans in Florida.

Financing conversations for ground-up construction, substantial renovation and projects already underway. The review connects the site, work completed, remaining budget, funding structure and proposed sale or refinance.

Financing at a glance

Geography: Florida-focused; based in Aventura.
Property use: Business-purpose, non-owner-occupied investment real estate.
Financing structure: Project financing with initial funding and future advances where included in the written structure.
Repayment discussion: Completion followed by a proposed sale or refinance.

Submit a loan scenario

Conceptual residential construction shell showing concrete and masonry — Illustrative project stages · Conceptual architecture

Conceptual contemporary residence with pale stone, timber and subtropical planting — Illustrative project stages · Conceptual architecture

Florida private lending

Is this financing a fit?

Looking for a private or hard money lender for a Florida investment property? Palermo is based in Aventura and reviews business-purpose financing secured by non-owner-occupied real estate.

Financing purpose: Ground-up construction, substantial renovation or project completion
What to request in writing: Loan amount, term, rate, leverage, fees, reserves and any future-funding conditions.
What drives the review: Property location and condition, existing obligations, borrower capital, intended use of funds and a credible sale or refinance plan.

Historical closing examples describe individual transactions. They do not establish the terms available for a new request.

Explore Palermo’s announced closings

A budget that can be understood.

Separate land or existing property cost from the work still to be done. Identify hard costs, soft costs, contingency and the borrower’s contribution. For a project already underway, reconcile costs incurred with the remaining budget.

A commitment is not a single disbursement.

Where a structure includes future construction advances, distinguish total commitment, initial funding and the remaining holdback. The written loan documents and applicable conditions govern disbursements. An illustrative draw schedule is not a funding promise.

An execution plan, with room for questions.

Useful materials may include plans, permit status, contractor information, a project schedule and an explanation of how the completed property will be sold or refinanced. Documented progress helps the conversation stay grounded in the work.

Situations to discuss.

Ground-up investment-property construction
Substantial renovation of investment real estate
Discussing completion of a project already underway

Examples invite a conversation. They do not establish automatic property eligibility or an approval standard.

Prepare the scenario

The essentials,
organized.

Begin with what is available. Supporting documents can follow through the established review process.

Read the preparation guide

01Site and current ownership information
02Plans, scope and permit status, where available
03Itemized budget and costs incurred to date
04Contractor and project-team information
05Requested commitment, initial funding and future funding needs
06Construction schedule and proposed sale or refinance exit

Good questions

Program questions.

01What is a construction holdback?

It is the portion of an agreed commitment reserved for later advances under the loan documents. The conditions and amounts depend on the actual approved structure.

02Can you review an unfinished project?

A completion scenario can be discussed. Start with the current stage, verified work, remaining budget, existing obligations and the proposed exit; availability is subject to review.

03How do I request a draw on an existing loan?

Use Palermo’s established construction-draw request workflow. The marketing inquiry form does not submit a draw or authorize a release of funds.

Illustrative structures