About LB1 Capital
LB1 Capital is the lending arm of a family of real estate operators. We finance the deals we understand from the inside: renovation, construction and rental housing in the markets we know.
Our story
Our principals have developed, renovated and operated multifamily and mixed-use buildings for over thirty years, from walk-up gut renovations to ground-up elevator buildings.
Along the way we borrowed from everyone: banks, debt funds, hard-money shops, private lenders. The good ones were rare. Term sheets took a week. Draws took three. The appraisal came back and the leverage quietly changed. We built LB1 Capital to be the lender we wanted on the other side of the table.
Every loan is underwritten by people who have carried a construction loan, met an inspector at seven in the morning and leased up a building in a soft market. That is the judgment we bring to your file. LB1 is the lender of record on every loan, funded at closing through a dedicated institutional capital facility, with no broker in between.
How we operate
Complete submissions get sized, priced and answered within one business day. If we cannot do the loan, we say so the same day and tell you who might.
Leverage moves only if the appraisal, the budget or the credit moved. The conditions list is attached to the term sheet, not discovered later.
Construction interest accrues on disbursed funds only. Request a draw; a third-party inspection follows, and funds wire on approval.
Rate, points, lender fees and third-party estimates in the first table of every term sheet. No junk fees at the closing table.
Your track record, entity documents and guarantor file carry from the construction loan to the rental loan to the next deal.
Every borrower has a named loan officer and a named closer, with direct lines. Status is visible online, and a human picks up.
Where we lend
Rental loans across the footprint; fix & flip, bridge and construction in the markets listed. Click a state for the local rules.
Team
Names and direct contacts are on every term sheet.
Origination
Your first call. They size the deal, issue the term sheet and stay on the file through closing.
Credit
Budget feasibility, valuation review and borrower credit. Operators, not box-checkers.
Closing
Title, insurance, entity review and loan documents, run in parallel so the appraisal is the long pole.
Servicing
Inspections, draw releases, interest billing and payoff letters from one desk.
Get started
Contract, budget or rent roll. We size it, price it and tell you exactly what we need to close.