Rainstar Development Capital
Real Estate - , ,
Rainstar Development Capital Employees
Rainstar Development Capital Details
Rainstar Development Capital is a direct lender for the housing sector powered by the Rainstar Capital Group team. Rainstar is financing deals from $1M to $80M that are mixed use, multifamily, row homes, spec homes, condo towers, build to rent communities, subdivisions and any sort of housing property type. We are backed by a $3B institution and have been mandated to deploy $1B of capital into these deals. The benefits of the program we have developed with them is it can go up to 90% Loan to Cost of the project which is a game changer as most banks will only go up to 75 maybe 80% Loan to cost. Also included into the up to 90% LTC is not only the vertical but also the horizontal financing. Closing times are typically 3 to 4 weeks.
