The Challenge
Lender wanted yield above bank CDs without market volatility, but required collateral, transparency, and a defined exit.
RAW's Approach
- 11st-lien position against the dirt and entitled improvements at <65% LTV.
- 2Title insurance, hazard insurance, and recorded deed of trust with lender as beneficiary.
- 3Monthly draw reports and project photos delivered to the lender's portal.
The Outcome
Paid off in full at month 9 from project unit sales. Lender re-upped on the next RAW Developments project.