$3,791,773 Ground-Up Construction Financing

Shawbrook Capital is pleased to announce the successful closing of a $3.79MM ground-up construction loan for a luxury single-family residence located in Manhattan Beach.

The Sponsor is developing a high-end coastal residence with a projected ARV of $5.5MM, supported by a third-party appraisal. The property was acquired with an as-is value of $2.35MM, and the project carries a total development cost of approximately $4.9MM, including a $2.39MM construction budget.

Shawbrook structured a comprehensive financing solution that refinanced the existing $1.92MM first lien while fully funding the remaining construction through a future-draw facility.

This transaction highlights Shawbrook’s ability to deliver full capital stack solutions for luxury ground-up construction in premier coastal markets, combining leverage, speed, and certainty of execution.

Another example of flexible structuring and dependable capital for experienced developers operating in high-barrier-to-entry markets.