Trinity Street Expands Construction Lending Amid Bank Retreat

Trinity Street Capital Partners, a prominent full-service real estate finance company, has announced a significant expansion of its construction lending program within its commercial mortgage platform. This strategic move provides experienced owners and investors with enhanced access to non-recourse construction loans, offering up to 85% of cost for multifamily, industrial, and self-storage properties, while office, retail, and hospitality properties can secure up to 65% of cost. The program specifically targets the top 200 Metropolitan Statistical Areas across the United States, featuring competitive interest rates starting at 30-day Libor + 2.50%. This expansion comes at a crucial time when traditional banks remain cautious due to economic uncertainties and overexposure to certain property types.

The timing of Trinity Street's program expansion reflects the current challenging economic landscape where traditional lending institutions have become increasingly risk-averse. According to company spokespersons, their non-recourse construction lending program has gained substantial momentum in recent months as borrowers seek alternatives to conventional bank financing. The political pressure from President Trump on the Federal Reserve to lower rates, combined with the recent 25 basis point cut, hasn't produced the desired contraction in the benchmark 10-year treasury rate that the real estate industry had anticipated. Trinity Street is successfully capitalizing on this market gap by integrating their construction lending programs with both bridge and permanent finance offerings, creating comprehensive financing solutions for developers and investors. Their permanent program now originates loans with rates starting at the 10-year US Treasury + 150 basis points, reaching up to 75% of property value.

As a leader in providing senior and subordinate mortgages along with equity for diverse real estate transactions, Trinity Street Capital Partners specializes in non-recourse, high-leverage financing with investments beginning at $10 million. The firm's expertise spans income-producing properties including anchored-retail, office, industrial, multifamily, manufactured housing communities, and self-storage facilities nationwide. The company's comprehensive approach to real estate finance, combining construction, bridge, and permanent lending, positions them as a vital resource in today's complex market environment. For more detailed information about Trinity Street Capital Partners and their expanding service offerings, interested parties can visit www.trinitystreetcp.com to explore how these financing solutions can benefit their real estate projects.