Learning center
Development Finance Basics
Working knowledge for developers and builders: how construction loans are sized, how capital stacks are assembled, and how project problems actually get solved.
Development Finance Basics
What Belongs in a Developer's Sources-and-Uses Statement?
The sources-and-uses statement is the first document an underwriter trusts or distrusts. What belongs on each side, how the two must reconcile, and the omissions that surface mid-project.
Eddie Luhrassebi · July 23, 2026
Development Finance Basics
Loan to Cost Versus Loan to Value in Development Financing
Loan-to-cost measures how much of the project the debt funds; loan-to-value measures the cushion in the finished asset. Understanding which constraint binds explains most sizing outcomes.
Eddie Luhrassebi · June 18, 2026
Development Finance Basics
How Much Equity Does a Developer Need for a Construction Loan?
Equity on a construction loan is a structure, not a single number. What lenders count, how land basis and predevelopment spending earn credit, and the honest ways to close a gap.
Eddie Luhrassebi · June 4, 2026
Development Finance Basics
Financing an $8 Million to $15 Million Residential Development
What changes when a residential project crosses into the $8 million to $15 million range: broader capital options, layered structures, phasing decisions, and a heavier execution load.
Eddie Luhrassebi · May 21, 2026