Fifty Stones Capital Group Closes $8 Million Construction Loan to Fuel Property Expansion in British Columbia.
- Richard Simis
- Jun 14, 2024
- 2 min read
June 13, 2024 – British Columbia, Canada — In a bold cross-border financing move, Fifty Stones Capital Group has successfully closed an $8 million construction loan with Livingston Custom Homes, a licensed residential builder in British Columbia, to fund the purchase and development of multiple residential lots in one of Canada’s fastest-growing housing markets.
This milestone transaction marks a key step in Livingston’s rapid growth journey and reinforces Fifty Stones Capital Group’s reputation as a trusted capital partner for developers navigating aggressive build timelines and high-demand markets.
Livingston Custom Homes has long earned a name for quality craftsmanship and tailored residential builds in the British Columbia region. However, like many builders in competitive markets, the ability to secure and develop multiple properties simultaneously hinges on access to fast, reliable funding.
That’s where Fifty Stones Capital Group stepped in, with not just capital, but strategic structure, speed, and execution.
Livingston had multiple shovel-ready lots and an urgent need to acquire and break ground across all parcels to capitalize on buyer demand. Traditional financing was slow, rigid, and laden with red tape—not ideal for a builder poised for scale. The solution? A private, flexible construction facility that could match the ambition.
The relationship between Livingston and Fifty Stones Capital Group was forged on a shared understanding of speed and trust. With a thorough due diligence process and a streamlined underwriting model, Fifty Stones closed the transaction on an accelerated timeline, ensuring Livingston could meet construction schedules and stay ahead of market demand. “This wasn’t just about bricks and mortar,” said Mark Shea, the CEO of Fifty Stones. “This was about helping a proven builder seize a window of opportunity. We understood the market timing, the borrower’s track record, and the urgency, and we delivered.”
The $8 million facility allows Livingston Custom Homes to launch multiple builds in tandem, unlocking economies of scale and quicker sales turnarounds. With construction already underway, the company is on track to deliver new homes to market in record time, strengthening its brand and balance sheet alike. As for Fifty Stones Capital Group, this deal affirms its role as a bridge between vision and execution, particularly for experienced builders who need more than just a check, they need a partner who understands development from the ground up.
About Fifty Stones Capital Group
Fifty Stones Capital Group is a premier private real estate lender specializing in construction, bridge, and special situation loans. Known for its speed, creativity, and cross-border lending capability, the firm partners with builders, investors, and brokers to fund bold visions.
Comments