Fifty Stones Capital Group Closes $13.4M Construction Loan in Boise.

Boise, ID – On January 18, 2024, Fifty Stones Capital Group successfully closed a $13.4 million construction loan for the Chotika Subdivision, a 30-unit residential development located in the thriving Boise, Idaho market. This milestone marks the firm’s first transaction of the year and exemplifies its commitment to strategic, intentional, and creative lending solutions that empower developers and drive community growth.

On behalf of the project developer, Fifty Stones stepped in at a pivotal moment, when the land was entitled, infrastructure and horizontal improvements were complete, but vertical construction was stalled due to lack of financing. Rather than waiting for ideal conditions, Fifty Stones Capital Group recognized the value, structure, and opportunity behind the project and tailored a financing solution that not only paid off the existing land loan but also provided capital for immediate vertical construction of the first four homes.

“Our role isn’t just to fund deals, it’s to unlock momentum for our clients,” said Mark Shea, CEO of Fifty Stones Capital Group. “Chotika Subdivision had solid fundamentals and a motivated developer. We brought the capital, structure, and speed needed to move it forward.”

The $13.4 million loan was disbursed in three strategic draws, aligned with project milestones and monitored through robust inspection protocols.

Fifty Stones Capital Group’s approach is grounded in three core pillars, rapid response and ability to structure complex capital stacks quickly, solutions that don’t rely on rigid underwriting formulas but real-world potential, every dollar deployed has purpose, impact, and a defined return path

“We don’t just approve loans. We ask: ‘Does this move the needle for the borrower and the community?’” added Mr. Shea. “That mindset keeps us aligned with developers who are building for impact, not just profit.”

About Fifty Stones Capital Group

Fifty Stones Capital Group is a leading private lender providing nationwide financing solutions, with a focus on bridge loans, complex capital structures, and time-critical transactions. Renowned for its speed, adaptability, and precision, the firm enables borrowers to move with confidence and execute their vision without compromise.