debt

Since 2019, Thistle Creek has offered several loan programs for builders and developers across the Western United States. Thistle Creek understands the importance of a simple and streamlined funding experience. If all relevant underwriting information is available, borrowers can expect a much faster turnaround for due diligence and loan closing than traditional lenders.

Experience

Since its inception, TCC has invested over $400mm in real estate loans.

Creativity

Thistle Creek Capital understands that every project is unique and may require tailored financing. Where traditional lenders have difficulty approaching "out-of-the-box" opportunities, Thistle Creek is always poised to find a solution.

Reliability

Thistle Creek is a trusted name in real estate lending, as evidenced by the high number of repeat borrowers. TCC succeeds when our borrowers succeed--we structure our debt investments for mutual success.

Loan Programs

Bridge

TCC offers bridge loans for entitled land acquisition, non-stabilized and stabilized multifamily, and other non-stabilized projects.

Sector: Multifamily, mixed-use, single-family, commercial, light industrial, other

Loan Size: $2mm - $20mm

Term: up to 12 months

LTV: up to 70%

Acquisition and Development

TCC offers A&D loans for multifamily, mixed-use, single-family, general commercial, light industrial, and other real estate projects. Loan proceeds may be used for entitled land acquisition, recapitalization, project design, site improvement, and offsite improvement.

Sector: Multifamily, mixed-use, single-family, commercial, light industrial, other

Loan Size: $2mm - $20mm

Term: up to 18 months

LTV: up to 65%

Construction

TCC offers construction financing for multifamily, light industrial, single-family subdivisions, and other new-build projects. Loan proceeds may be used for project soft and hard costs related to vertical construction.

Sector: Multifamily, mixed-use, single-family, commercial, light industrial, other

Loan Size: $2mm - $20mm

Term: up to 24 months

LTV: up to 70%

All-in-One

TCC offers an All-in-One loan program which is used for project acquisition, design, development, and vertical construction.

Sector: Multifamily, mixed-use, single-family, commercial, light industrial, other

Loan Size: $2mm - $20mm

Term: up to 24 months

LTV: up to 70%

Mezzanine/
Subordinate Debt

TCC offers mezzanine or subordinate debt for capital-constrained borrowers.

Sector: Multifamily, mixed-use, single-family, commercial, light industrial, other

Loan Size: $2mm - $8mm

Term: up to 12 months

CLTV: up to 80%

INVEST WITH US

Thistle Creek Capital offers investors a unique opportunity to earn risk-adjusted returns; real estate assets serve as collateral for all portoflio investments. Contact our team if you are an accredited investor and would like to learn more.