Overview

Newport Venture Capital arranges land acquisition and land development financings for our clients. This may include land being acquired for development, land acquired to be entitled and sold, or land being acquired and reparcelized for alternative uses. The lenders and investors we work with understand the entitlement process and are able to evaluate and invest in a variety of land opportunities and structures. This includes:

  • Pre-development monies for entitlements.
  • Option deposits.
  • Land development loans.
  • Secured or unsecured loan structures.
  • Institutional take out commitments allowing 100% of cost financing.
  • Non-recourse structures.
  • Joint venture capital.




  • NVC arranged a non-recourse land loan to cover 77% of the purchase price for a 52-acre industrial site.


  • Financing included monies to complete entitlements, a zone change and a new parcel map for 817,000 square feet of industrial space.


  • Closed 30 days from application.

Industrial
Chino, CA
$16,800,000
Non-recourse Land Loan
 




  • NVC arranged a non-recourse land loan to cover 78% of the purchase price for a 54-acre industrial site.


  • Financing included monies to complete a partial rezoning and completion of entitlements for 785,000 square feet of industrial space.


  • Closed 30 days from application.

Industrial
Riverside, CA
$13,400,000
Non-recourse Land Loan
 




  • NVC arranged non-recourse land financing for the acquisition of a 150-acre land development.


  • Land loan proceeds covered 60% of the purchase price and monies to complete entitlements for 1.8 million square feet of industrial and retail improvements.


  • Loan commitment was obtained two weeks after application.

Industrial
Palm Springs, CA
$9,000,000
Non-recourse Land Loan










  • NVC arranged 100% of cost financing to acquire a 45-acre site improved with a vacant 671,000-square-foot regional mall.


  • Funds were used to acquire the mall, sell an 18-acre parcel to Wal-Mart, buy out existing leases and complete demolition of the existing improvements.


  • The land loan was coupled with a takeout commitment from an institutional investor to allow the newly formed development company to complete its first acquisition and capitalize 100% of all pre-development expenses.

Retail
Sacramento, CA

$34,600,000
Land Loan
Institutional Takeout
Commitment











  • NVC arranged a land loan and joint-venture equity capital for the acquisition of a 13.5-acre land parcel that will be subdivided and sold and/or developed.


  • The land loan and joint-venture capital provided 95% of total capitalization, allowing the sponsor to quickly secure an excellent opportunity.

Retail/Auto Dealer
Kapolei, Hawaii

$11,100,000
Land Loan

$5,640,000
Joint-Venture Equity



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