Financing rooftops from the ground up
About Rooftop Capital
Rooftop Capital is a private real estate finance company with a singular focus: To be the development capital provider of choice for the housing industry’s most successful homebuilders and developers.
Most compelling risk-adjusted unlevered returns in real estate
Low Risk
Investing in high-growth housing markets with low supply and high liquidity reduces risk for our investors.
Experienced
Management’s experience and established relationships with best-in-class homebuilders and developers further mitigates risk and creates a business flywheel.
Selective
Focusing on low-risk development projects and high-demand housing products optimizes long-term success.
Financing
U.S. Homebuilder Lot Banking
Rooftop Capital provides off-balance-sheet single-family lot development financing (“Lot Banking”) for large U.S. public and private homebuilders within high-growth and supply constrained U.S. Sunbelt housing markets.
Illustrative Terms- Size: US$10-30+ million
- Advance: 80-85% of cost (15-20% homebuilder deposit)
- Rate: SOFR + 7-9% (fixed or floating with floor)
- Fees: 1% commitment fee
- Term: 2-4 years
U.S. Residential Land A&D Loans
Rooftop Capital also provides first mortgage residential land acquisition and development (“A&D”) loans to experienced single-family lot developers and master-planned community makers within high-growth and supply constrained U.S. Sunbelt housing markets.
Illustrative Terms- Size: US$10-30+ million
- Advance: up to 75% LTV / 80% LTC
- Rate: SOFR + 7-12% (fixed or floating with floor)
- Fees: 2-3% commitment fee
- Term: 2-4 years
Other Financing Products
The Rooftop Capital team has decades of experience in lending and equity investing throughout the United States and Canada in many other for-sale and for-rent development asset classes, including development and construction of single-family and multi-family housing, master-planned communities and mixed-use projects. We will consider other financing opportunities such as A/B financing, mezzanine loans, preferred equity and joint-venture equity on a select basis.
Markets
Leadership
Team
Rooftop Capital is comprised of a unique and talented team of individuals with many years of real estate, development and finance experience, including a long and successful track record of working together within the U.S. residential development finance space.