From the plot to completion — financed.
Project development rarely fails on the yield, but on equity at the right time and on a bank that understands the plan. I structure the senior finance for your residential or commercial project and approach the houses that actually lend — banks and debt funds, bank-independently under §34c GewO.
The phases — and where capital is needed
A project development runs in stages, and each stage has its own financing question. I think about financing from the end: which capital provider fits which phase, and how do the components mesh together?
| Phase | Capital need | Typical lender |
|---|---|---|
| Land purchase | purchase price + incidental costs, often fast | bank, debt fund, short-term bridge capital |
| Planning & building rights | upfront costs through to approval | equity, supplemented by mezzanine via partners |
| Construction phase | main volume, drawn down by build progress | senior loan (bank / debt fund) |
| Sales & handover | interim financing until the sale proceeds | bridge capital, final settlement |
What capital providers look at in projects
Whoever provides project capital examines not you as a person, but the viability of the plan. The decisive adjusting screws:
Loan-to-cost & loan-to-value
How much of the total costs or value is to be debt-financed? The higher the ratio, the more expensive and selective the capital.
Pre-sale / pre-letting
Sold or let units lower the lender’s risk — and with it your terms.
Track record
Completed projects are your strongest argument. But even the first genuine developer gets capital — via the right houses.
When the house bank waves you away
Banks assess project risks conservatively — a rejection often only means the plan does not fit that one house’s standard grid. Specialist financiers and debt funds accept different risk profiles, shorter track records or higher loan-to-values. I know these addresses and approach them in parallel, instead of sending you from bank to bank.
Example constellations from practice
Three typical starting situations as they regularly reach me — anonymised and simplified to show the structure. These are examples, not promised terms: interest, loan-to-value and components always depend on the specific project, the security and the capital provider.
Project developer, house bank hesitates
A residential project with secured land and building rights, but the house bank requires more pre-sale than the developer can deliver at the start. Approach: senior loan via a debt fund with a lower pre-sale ratio, equity gap closed via a subordinated component from a licensed partner.
Acquisition under time pressure
An attractive plot, a short deadline to the notary appointment, a classic bank commitment too slow. Approach: short-term interim financing against the plot as security, later repaid by the long-term project financing.
Capital from the holding
A portfolio holder with a debt-free property wants to release equity for the next project. Approach: refinancing of the holding, the released amount serving as equity in the follow-on plan.
Frequently asked questions
Do you also finance smaller projects?
How much equity must I bring?
How does project capital cost compare to a normal mortgage?
Do you also give tax or legal advice?
Related commercial financing
Capital for your project — from a network, not from one bank.
Commercial finance.
View page → CommercialAcquire, hold, refinance — with the right capital.
Commercial finance.
View page → CommercialBefore the fixed-rate period ends, your lever is at its greatest.
Commercial finance.
View page → CommercialWhen equity runs short — the subordinated component.
Commercial finance.
View page → CommercialWhen capital has to be there in days, not weeks.
Commercial finance.
View page →Present your project to me
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