Fifty Stones Capital Group Seals $35M Ground-Up Construction Deal for Multifamily Masterpiece in Irvine

IRVINE, CA – July 22, 2022 – In a saga of bold vision and unyielding support, Fifty Stones Capital Group has triumphantly closed a $35M ground-up construction loan for a cutting-edge multifamily structure in the heart of Irvine’s prestigious Great Park Neighborhoods. This deal, a testament to the firm’s rising star status as an emerging lender, showcases their unparalleled dedication to guiding borrowers through the toughest challenges, delivering a victory that keeps readers on the edge of their seats from start to finish.

The story unfolds with a visionary borrower, Irvine-based developer (name withheld), known for transforming urban landscapes into thriving communities. The developer was crystal clear: to erect a state-of-the-art multifamily complex featuring 150 luxurious units, complete with rooftop gardens and smart-home technology, targeting young professionals and growing families in one of Southern California’s most sought-after markets. With Irvine’s real estate market sizzling and demand for modern rentals soaring, this project promised to redefine multifamily living, provided the financing could keep pace with the ambition.

Enter Fifty Stones Capital Group, the emerging lender that didn’t just meet the moment, they shaped it.

Even before the permits were secured, Fifty Stones stepped into the fray, offering expert guidance that turned potential roadblocks into stepping stones. Navigating the labyrinth of Irvine’s stringent permitting process, their seasoned team provided strategic counsel, connecting Pinnacle with local authorities and expediting approvals that could have derailed lesser deals. It was a high-stakes dance, and Fifty Stones led with finesse, ensuring the borrower’s vision stayed on track from the first blueprint sketch to the groundbreaking ceremony.

The loan itself is a marvel of tailored financing. Structured as a 48-month term, it comes with 24 months of interest reserved, allowing the borrower to focus on construction without immediate cash flow pressures. Funds will be delivered in draws, aligning perfectly with the project’s phased development timeline, a rare flexibility that underscores Fifty Stones’ innovative approach. Fifty Stones secured a competitive rate of 7.5% for this deal, blending stability with opportunity for both lender and borrower. What makes this narrative gripping is Fifty Stones’ hands-on heroism. “Fifty Stones was our beacon from day one,” said the borrower “They didn’t wait for permits, they guided us through the storm, ensuring every detail was ironed out. This deal wouldn’t have happened without their proactive partnership.” The firm’s ability to anticipate needs and deliver solutions has cemented their reputation as the go-to lender for bold real estate ventures.

Set against Irvine’s picturesque backdrop, with its blend of tech innovation and suburban charm, this multifamily structure is poised to become a landmark. Completion is slated for mid-2026, with projections of a 25% return on investment, a figure that highlights the financial acumen driving this collaboration. Fifty Stones Capital Group isn’t just financing dreams, they’re building the future, one groundbreaking deal at a time.

About Fifty Stones Capital Group

Fifty Stones Capital Group is a rising force in private lending, specializing in ground-up construction, Fix and Flip, and Bridge loans. With a client-first philosophy and expert guidance, they empower developers to turn ambitious projects into reality, establishing themselves as the lender of choice for innovative real estate ventures. For more details, visit www.fiftystonescapitalgroup.com or send an email to info@fiftystonescapitalgroup.com.