June 30, 2022

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    Most active land lenders for June 2022

    (2022 projected origination volume and preferences) Axos BankVolume: $300MOriginated ~$150M so far this year; $750K-$250M loans for all land deals; 12- to 24-month terms with extensions; 6%-7% rates; nationwide  Hankey CapitalVolume: $200MOriginated $75M so far this year; $5M-$150M loans for infill land zoned for high-demand uses such as housing; one- to three-year terms; 7.5%-9% rates; More